Whitebox Advisors LLC purchased a new position in GigCapital7 Corp. Unit (NASDAQ:GIGGU – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 760,000 shares of the company’s stock, valued at approximately $7,577,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wealthspring Capital LLC acquired a new position in GigCapital7 Corp. Unit in the 3rd quarter worth about $470,000. Periscope Capital Inc. acquired a new stake in shares of GigCapital7 Corp. Unit during the 3rd quarter valued at about $3,490,000. Parallax Volatility Advisers L.P. acquired a new position in GigCapital7 Corp. Unit in the third quarter worth approximately $653,000. Rivernorth Capital Management LLC acquired a new position in GigCapital7 Corp. Unit in the third quarter worth approximately $2,045,000. Finally, Quarry LP bought a new position in GigCapital7 Corp. Unit during the third quarter valued at approximately $2,492,000.
GigCapital7 Corp. Unit Stock Performance
GIGGU stock opened at $10.01 on Friday. GigCapital7 Corp. Unit has a 12 month low of $9.93 and a 12 month high of $10.10.
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