Picton Mahoney Asset Management bought a new position in Gigcapital7 Corp. (NASDAQ:GIG – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 717,500 shares of the company’s stock, valued at approximately $7,175,000.
Separately, Wolverine Asset Management LLC acquired a new position in shares of Gigcapital7 in the 4th quarter valued at about $3,027,000.
Gigcapital7 Stock Up 0.1 %
NASDAQ GIG opened at $10.12 on Friday. Gigcapital7 Corp. has a one year low of $9.89 and a one year high of $10.12. The firm has a 50-day simple moving average of $10.08.
About Gigcapital7
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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Want to see what other hedge funds are holding GIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gigcapital7 Corp. (NASDAQ:GIG – Free Report).
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