Churchill Capital Corp X/Cayman $CCCXU Shares Sold by BCK Capital Management LP

BCK Capital Management LP cut its stake in Churchill Capital Corp X/Cayman (NASDAQ:CCCXU) by 45.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,265 shares of the company’s stock after selling 49,735 shares during the period. BCK Capital Management LP’s holdings in Churchill Capital Corp X/Cayman were worth $815,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Sandia Investment Management LP purchased a new position in Churchill Capital Corp X/Cayman in the second quarter worth approximately $206,000. Boothbay Fund Management LLC acquired a new stake in shares of Churchill Capital Corp X/Cayman in the 2nd quarter valued at $258,000. Levin Capital Strategies L.P. acquired a new stake in shares of Churchill Capital Corp X/Cayman in the 2nd quarter valued at $317,000. Clear Street LLC purchased a new stake in shares of Churchill Capital Corp X/Cayman during the 2nd quarter worth $543,000. Finally, Wealthspring Capital LLC acquired a new position in shares of Churchill Capital Corp X/Cayman during the second quarter worth $994,000.

Churchill Capital Corp X/Cayman Price Performance

NASDAQ:CCCXU opened at $15.00 on Friday. Churchill Capital Corp X/Cayman has a 12 month low of $10.22 and a 12 month high of $31.05. The business’s fifty day moving average price is $17.38 and its 200 day moving average price is $16.25.

About Churchill Capital Corp X/Cayman

Churchill Capital Corp X/Cayman (NASDAQ: CCCXU) is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands. The company launched its initial public offering in July 2021, offering units composed of one ordinary share and one-third of one warrant. With no operating business at inception, Churchill Capital Corp XU is structured to raise capital through the public markets and to seek an acquisition or merger within a specified timeframe.

The SPAC’s focus is on identifying business combinations in industries poised for significant expansion, including financial services, fintech, digital assets and technology.