Periscope Capital Inc. acquired a new stake in Gigcapital7 Corp. (NASDAQ:GIG - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 200,000 shares of the company's stock, valued at approximately $2,000,000. Periscope Capital Inc. owned approximately 0.60% of Gigcapital7 as of its most recent SEC filing.
Separately, Picton Mahoney Asset Management purchased a new stake in Gigcapital7 during the 4th quarter valued at approximately $7,175,000.
Gigcapital7 Stock Performance
Shares of Gigcapital7 stock remained flat at $10.13 on Friday. 1,622 shares of the stock traded hands, compared to its average volume of 50,742. The company has a 50 day moving average of $10.08. Gigcapital7 Corp. has a 52-week low of $9.89 and a 52-week high of $10.13.
Gigcapital7 Profile
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Free Report)
GigCapital7 Corp. is a blank check company or special purpose acquisition company. It was formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Avishay S.
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