Kepos Capital LP lessened its stake in shares of Gigcapital7 Corp. (NASDAQ:GIG - Free Report) by 17.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,532,100 shares of the company's stock after selling 319,200 shares during the period. Gigcapital7 makes up about 15.4% of Kepos Capital LP's portfolio, making the stock its 2nd biggest position. Kepos Capital LP owned approximately 4.60% of Gigcapital7 worth $15,321,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Periscope Capital Inc. purchased a new position in shares of Gigcapital7 in the fourth quarter worth about $2,000,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Gigcapital7 during the 4th quarter worth approximately $3,000,000. Wolverine Asset Management LLC acquired a new stake in Gigcapital7 during the 4th quarter valued at approximately $3,027,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of Gigcapital7 in the 4th quarter valued at $7,175,000.
Gigcapital7 Price Performance
Shares of NASDAQ:GIG traded up $0.05 during midday trading on Tuesday, reaching $10.18. The company's stock had a trading volume of 4,860 shares, compared to its average volume of 48,131. The firm has a fifty day moving average price of $10.09. Gigcapital7 Corp. has a twelve month low of $9.89 and a twelve month high of $10.18.
Gigcapital7 Profile
(
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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