Condor Capital Management Sells 4,008 Shares of GP-Act III Acquisition Corp. (NASDAQ:GPAT)

Condor Capital Management cut its position in shares of GP-Act III Acquisition Corp. (NASDAQ:GPAT) by 25.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,518 shares of the company’s stock after selling 4,008 shares during the period. Condor Capital Management’s holdings in GP-Act III Acquisition were worth $117,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tidal Investments LLC bought a new position in GP-Act III Acquisition during the third quarter valued at approximately $307,000. Verition Fund Management LLC bought a new stake in shares of GP-Act III Acquisition in the 3rd quarter valued at approximately $1,506,000. PNC Financial Services Group Inc. bought a new stake in shares of GP-Act III Acquisition in the 3rd quarter valued at approximately $1,613,000. Glazer Capital LLC bought a new stake in shares of GP-Act III Acquisition in the 3rd quarter valued at approximately $2,672,000. Finally, Periscope Capital Inc. bought a new stake in shares of GP-Act III Acquisition in the 3rd quarter valued at approximately $2,772,000.

GP-Act III Acquisition Stock Up 0.7 %

NASDAQ:GPAT opened at $10.35 on Friday. GP-Act III Acquisition Corp. has a 1 year low of $9.98 and a 1 year high of $10.30. The business has a 50 day simple moving average of $10.25 and a 200-day simple moving average of $10.15.

About GP-Act III Acquisition

GP-Act III Acquisition Corp. operates as a blank check company, which was created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on November 23, 2020 and is headquartered in New York, NY.