Wolverine Asset Management LLC Buys Shares of 344,019 Gores Holdings IX, Inc. (NASDAQ:GHIX)

Wolverine Asset Management LLC purchased a new stake in Gores Holdings IX, Inc. (NASDAQ:GHIX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 344,019 shares of the company's stock, valued at approximately $3,612,000. Wolverine Asset Management LLC owned approximately 0.52% of Gores Holdings IX at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GHIX. TrueMark Investments LLC acquired a new position in Gores Holdings IX during the fourth quarter worth approximately $222,000. Tuttle Capital Management LLC acquired a new position in Gores Holdings IX during the fourth quarter worth approximately $315,000. Deltec Asset Management LLC increased its position in Gores Holdings IX by 82.7% during the third quarter. Deltec Asset Management LLC now owns 200,000 shares of the company's stock worth $2,078,000 after buying an additional 90,502 shares during the last quarter. Schechter Investment Advisors LLC increased its position in Gores Holdings IX by 16.1% during the third quarter. Schechter Investment Advisors LLC now owns 1,546,566 shares of the company's stock worth $16,069,000 after buying an additional 213,894 shares during the last quarter. Finally, Cowen AND Company LLC increased its position in Gores Holdings IX by 4,180.4% during the third quarter. Cowen AND Company LLC now owns 463,992 shares of the company's stock worth $4,821,000 after buying an additional 453,152 shares during the last quarter. 75.13% of the stock is currently owned by institutional investors.

Gores Holdings IX Price Performance

Shares of Gores Holdings IX stock traded up $0.09 on Wednesday, hitting $10.64. The stock had a trading volume of 2,501 shares, compared to its average volume of 13,818. Gores Holdings IX, Inc. has a twelve month low of $10.04 and a twelve month high of $11.10. The business's 50 day moving average is $10.56 and its two-hundred day moving average is $10.52.

About Gores Holdings IX

Gores Holdings IX, Inc does not have significant operations. It intends to effect on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado.