Maverick Capital Ltd. Takes $12.12 Million Position in Global Technology Acquisition Corp. I (NASDAQ:GTACU)

Maverick Capital Ltd. purchased a new stake in Global Technology Acquisition Corp. I (NASDAQ:GTACUGet Rating) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,200,000 shares of the company’s stock, valued at approximately $12,120,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in GTACU. Wealthspring Capital LLC bought a new position in shares of Global Technology Acquisition Corp. I in the 4th quarter valued at $108,000. Ellsworth Advisors LLC bought a new position in Global Technology Acquisition Corp. I during the 4th quarter worth $151,000. Sage Mountain Advisors LLC bought a new position in Global Technology Acquisition Corp. I during the 4th quarter worth $223,000. Landscape Capital Management L.L.C. bought a new position in Global Technology Acquisition Corp. I during the 4th quarter worth $295,000. Finally, MMCAP International Inc. SPC bought a new position in Global Technology Acquisition Corp. I during the 4th quarter worth $505,000.

NASDAQ:GTACU remained flat at $$10.19 during trading hours on Wednesday. Global Technology Acquisition Corp. I has a fifty-two week low of $9.97 and a fifty-two week high of $10.96. The company has a 50 day moving average of $10.10 and a 200 day moving average of $10.08.

About Global Technology Acquisition Corp. I (Get Rating)

Global Technology Acquisition Corp. I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. It focuses on technology companies that operate in the marketplace, financial technology, and software-as-a-service verticals.

Further Reading

Institutional Ownership by Quarter for Global Technology Acquisition Corp. I (NASDAQ:GTACU)

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