PNC Financial Services Group Inc. Makes New Investment in GP-Act III Acquisition Corp. (NASDAQ:GPAT)

PNC Financial Services Group Inc. purchased a new stake in shares of GP-Act III Acquisition Corp. (NASDAQ:GPAT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 160,000 shares of the company’s stock, valued at approximately $1,613,000.

Other large investors have also recently modified their holdings of the company. Wolverine Asset Management LLC bought a new stake in GP-Act III Acquisition during the 3rd quarter valued at about $2,894,000. Wealthspring Capital LLC bought a new stake in shares of GP-Act III Acquisition during the third quarter valued at approximately $2,560,000. Finally, Dakota Wealth Management purchased a new position in GP-Act III Acquisition in the 3rd quarter worth approximately $488,000.

GP-Act III Acquisition Trading Up 0.1 %

Shares of GPAT opened at $10.12 on Wednesday. The company’s fifty day simple moving average is $10.07. GP-Act III Acquisition Corp. has a 12 month low of $9.98 and a 12 month high of $10.15.

GP-Act III Acquisition Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.