10,000 Shares in Gigcapital7 Corp. (NASDAQ:GIG) Purchased by Rangeley Capital LLC

Rangeley Capital LLC bought a new stake in Gigcapital7 Corp. (NASDAQ:GIG) in the fourth quarter, Holdings Channel reports. The fund bought 10,000 shares of the company’s stock, valued at approximately $100,000.

Several other large investors have also recently bought and sold shares of the stock. Wolverine Asset Management LLC acquired a new position in shares of Gigcapital7 during the fourth quarter valued at approximately $3,027,000. Picton Mahoney Asset Management bought a new position in Gigcapital7 during the 4th quarter valued at $7,175,000. Periscope Capital Inc. acquired a new position in shares of Gigcapital7 during the 4th quarter valued at $2,000,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Gigcapital7 in the fourth quarter valued at $3,000,000. Finally, Virtu Financial LLC bought a new position in Gigcapital7 during the fourth quarter valued at about $537,000.

Gigcapital7 Price Performance

Shares of NASDAQ GIG opened at $10.12 on Thursday. Gigcapital7 Corp. has a twelve month low of $9.89 and a twelve month high of $10.18. The firm has a 50-day simple moving average of $10.10.

Gigcapital7 Profile

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.