K2 Principal Fund L.P. Invests $386,000 in Gores Holdings IX, Inc. (NASDAQ:GHIX)

K2 Principal Fund L.P. acquired a new position in Gores Holdings IX, Inc. (NASDAQ:GHIX) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 36,469 shares of the company’s stock, valued at approximately $386,000.

Gores Holdings IX Price Performance

Shares of Gores Holdings IX stock opened at $10.18 on Friday. The firm has a fifty day moving average price of $10.49 and a two-hundred day moving average price of $10.57. Gores Holdings IX, Inc. has a fifty-two week low of $10.12 and a fifty-two week high of $11.14.

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.