Sculptor Capital LP lowered its stake in Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating) by 50.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 990,000 shares of the company's stock after selling 990,000 shares during the quarter. Sculptor Capital LP's holdings in Swiftmerge Acquisition were worth $9,831,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of IVCPU. Sandia Investment Management LP acquired a new position in Swiftmerge Acquisition in the fourth quarter valued at about $19,701,000. Cubist Systematic Strategies LLC acquired a new position in Swiftmerge Acquisition in the fourth quarter valued at about $9,751,000. Centiva Capital LP purchased a new stake in Swiftmerge Acquisition during the fourth quarter worth about $2,985,000. Omni Event Management Ltd purchased a new stake in Swiftmerge Acquisition during the fourth quarter worth about $2,985,000. Finally, Saba Capital Management L.P. purchased a new stake in Swiftmerge Acquisition during the fourth quarter worth about $2,004,000.

Swiftmerge Acquisition Stock Performance

Shares of NASDAQ:IVCPU opened at $9.95 on Thursday. The firm's 50-day moving average is $9.88 and its two-hundred day moving average is $9.89. Swiftmerge Acquisition Corp. has a 1 year low of $9.03 and a 1 year high of $10.20.

Swiftmerge Acquisition Company Profile

Swiftmerge Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.

Further Reading

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