Shaolin Capital Management LLC Invests $6.57 Million in GigInternational1, Inc. (NASDAQ:GIWWU)

Shaolin Capital Management LLC purchased a new position in GigInternational1, Inc. (NASDAQ:GIWWU) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 650,000 shares of the company’s stock, valued at approximately $6,565,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Highbridge Capital Management LLC purchased a new stake in GigInternational1 during the second quarter valued at approximately $11,464,000. CVI Holdings LLC purchased a new stake in GigInternational1 during the second quarter valued at approximately $5,020,000. Spring Creek Capital LLC purchased a new stake in GigInternational1 during the second quarter valued at approximately $5,020,000. Glazer Capital LLC purchased a new stake in GigInternational1 during the second quarter valued at approximately $4,881,000. Finally, Yakira Capital Management Inc. purchased a new stake in GigInternational1 during the second quarter valued at approximately $4,618,000.

NASDAQ:GIWWU remained flat at $$10.20 during midday trading on Thursday. 1,800 shares of the company were exchanged, compared to its average volume of 77,952. GigInternational1, Inc. has a 12 month low of $9.88 and a 12 month high of $10.49. The business has a 50-day simple moving average of $10.22.

GigInternational1 Profile

GigInternational1, Inc, a blank check company, intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Palo Alto, California.

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Institutional Ownership by Quarter for GigInternational1 (NASDAQ:GIWWU)

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