Q Global Advisors LLC acquired a new stake in Genesis Growth Tech Acquisition Corp. (NASDAQ:GGAAW – Get Rating) in the 1st quarter, Holdings Channel reports. The firm acquired 225,902 shares of the company's stock, valued at approximately $45,000.

Several other hedge funds have also recently bought and sold shares of GGAAW. Verition Fund Management LLC purchased a new position in Genesis Growth Tech Acquisition in the 1st quarter valued at approximately $28,000. Spring Creek Capital LLC purchased a new position in shares of Genesis Growth Tech Acquisition during the 1st quarter worth $30,000. Fir Tree Capital Management LP purchased a new position in shares of Genesis Growth Tech Acquisition during the 1st quarter worth $30,000. Atalaya Capital Management LP purchased a new stake in shares of Genesis Growth Tech Acquisition during the 1st quarter valued at $40,000. Finally, MMCAP International Inc. SPC purchased a new stake in shares of Genesis Growth Tech Acquisition during the 1st quarter valued at $51,000.

Genesis Growth Tech Acquisition Price Performance

Shares of GGAAW stock remained flat at $0.40 during mid-day trading on Tuesday. The company's 50-day simple moving average is $0.36. Genesis Growth Tech Acquisition Corp. has a 1-year low of $0.11 and a 1-year high of $0.50.

About Genesis Growth Tech Acquisition

Genesis Growth Tech Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its efforts on identifying technology companies operating primarily within the consumer internet industry in Europe, Israel, the United Arab Emirates, or the United States.

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Want to see what other hedge funds are holding GGAAW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genesis Growth Tech Acquisition Corp. (NASDAQ:GGAAW – Get Rating).

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