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Fir Tree Capital Management LP Purchases New Stake in APx Acquisition Corp. I (NASDAQ:APXI)

Defense World ·  Sep 13, 2022 05:21

Fir Tree Capital Management LP acquired a new position in shares of APx Acquisition Corp. I (NASDAQ:APXI – Get Rating) in the first quarter, HoldingsChannel.com reports. The firm acquired 1,485,000 shares of the company's stock, valued at approximately $14,805,000. Fir Tree Capital Management LP owned 0.34% of APx Acquisition Corp. I at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Highbridge Capital Management LLC acquired a new position in APx Acquisition Corp. I in the 1st quarter valued at about $12,406,000. Goldman Sachs Group Inc. acquired a new position in shares of APx Acquisition Corp. I in the first quarter valued at approximately $5,196,000. HBK Investments L P acquired a new position in shares of APx Acquisition Corp. I in the first quarter valued at approximately $4,487,000. Starboard Value LP bought a new position in shares of APx Acquisition Corp. I during the first quarter worth approximately $3,516,000. Finally, Verition Fund Management LLC acquired a new stake in APx Acquisition Corp. I during the 1st quarter worth approximately $3,381,000.

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APx Acquisition Corp. I Stock Up 0.1 %

Shares of NASDAQ APXI opened at $10.09 on Tuesday. The stock's fifty day moving average price is $10.05 and its two-hundred day moving average price is $10.00. APx Acquisition Corp. I has a one year low of $9.80 and a one year high of $10.52.

APx Acquisition Corp. I Profile

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APx Acquisition Corp. I. 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 Mexico City, Mexico.

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

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