AQR Arbitrage LLC Takes $5.15 Million Position in Churchill Capital Corp X/Cayman $CCCXU

AQR Arbitrage LLC bought a new position in shares of Churchill Capital Corp X/Cayman (NASDAQ:CCCXU) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 500,000 shares of the company’s stock, valued at approximately $5,150,000.

Other institutional investors have also recently made changes to their positions in the company. Tuttle Capital Management LLC bought a new stake in shares of Churchill Capital Corp X/Cayman in the 2nd quarter worth approximately $206,000. Wolverine Asset Management LLC purchased a new stake in Churchill Capital Corp X/Cayman in the 2nd quarter worth approximately $1,030,000. Levin Capital Strategies L.P. bought a new stake in Churchill Capital Corp X/Cayman during the second quarter valued at $317,000. Wealthspring Capital LLC bought a new stake in Churchill Capital Corp X/Cayman during the second quarter valued at $994,000. Finally, MMCAP International Inc. SPC purchased a new position in Churchill Capital Corp X/Cayman during the second quarter worth about $20,601,000.

Churchill Capital Corp X/Cayman Stock Performance

Shares of NASDAQ CCCXU opened at $16.78 on Friday. Churchill Capital Corp X/Cayman has a twelve month low of $10.22 and a twelve month high of $31.05. The business has a 50-day simple moving average of $19.43.

Churchill Capital Corp X/Cayman Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, 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.