Virtu Financial LLC Makes New $537,000 Investment in Gigcapital7 Corp. (NASDAQ:GIG)

Virtu Financial LLC purchased a new stake in Gigcapital7 Corp. (NASDAQ:GIG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 53,724 shares of the company’s stock, valued at approximately $537,000.

Other hedge funds also recently modified their holdings of the company. Periscope Capital Inc. acquired a new position in Gigcapital7 in the 4th quarter worth about $2,000,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Gigcapital7 in the fourth quarter valued at approximately $3,000,000. Wolverine Asset Management LLC bought a new position in Gigcapital7 in the 4th quarter valued at approximately $3,027,000. Finally, Picton Mahoney Asset Management acquired a new stake in Gigcapital7 during the 4th quarter worth approximately $7,175,000.

Gigcapital7 Stock Performance

GIG opened at $10.18 on Wednesday. Gigcapital7 Corp. has a fifty-two week low of $9.89 and a fifty-two week high of $10.18. The stock’s 50 day simple moving average is $10.09.

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.