Factorial Energy (FAC): Among the Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital

Factorial Energy Inc. (NASDAQ:FAC) is one of the 10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital.

Cartesian Growth Corporation III (NASDAQ:CGCT) was a special purpose acquisition company (SPAC) that closed its reverse merger with solid-state battery developer Factorial Inc on June 5th. Highbridge Capital disclosed its stake for the first quarter. The stake was worth $20.7 million, and it came courtesy of two million shares. The hedge fund first disclosed holding Cartesian Growth Corporation III (NASDAQ:CGCT)’s shares during the second quarter of 2025 before exiting. It then re-entered the position in Q4 2025 at an average share price of $10.15.

Factorial Energy Inc. (FAC)'s Predecessor Cartesian Growth Corp Was A Top Stock In Highbridge Capital’s Holdings' Filings

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Cartesian Growth Corporation III (NASDAQ:CGCT)’s shares now trade as Factorial Energy Inc. (NASDAQ:FAC). Since June 5th, they are down by 16.8%. The firm is a solid-state battery company that caters to the needs of the defense, robotics, and other industries. On Monday, the firm published a shareholder letter following its NASDAQ debut. In it, Factorial Energy Inc. (NASDAQ:FAC) took an optimistic note about its future as its CEO wrote:

“Humanity has entered into a new era, one that requires more powerful and reliable batteries to power high-performance systems around the world. As energy is becoming one of the defining constraints of this era, it is creating opportunities to shape the future of aerospace, defense, mobility and computing alike. Factorial was built to seize the opportunity. With proven solid-state battery technology, validated partnerships, and a capital-light path to scale, we believe we are well positioned to lead as that future takes shape. We are proud to bring that combination to the public markets, and we look forward to building on it with you.”

While we acknowledge the risk and potential of FAC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FAC and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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