Tetragon lifts UiPath (NYSE:PATH) stake 21% with company facing second-half ARR pressure
Tetragon Financial Group and affiliated funds boosted their reported stake in UiPath by 5.45 million Class A shares from March 25 to June 30, according to a regulatory filing out after the close Wednesday. The group held 30.95 million shares, a position valued at about $369 million based on UiPath’s closing price of $11.93.