GigCapital7 Corp. Unit (NASDAQ:GIGGU) Shares Bought by Wealthspring Capital LLC

Wealthspring Capital LLC grew its stake in shares of GigCapital7 Corp. Unit (NASDAQ:GIGGU) by 67.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,735 shares of the company’s stock after acquiring an additional 31,585 shares during the period. GigCapital7 Corp. Unit comprises about 1.3% of Wealthspring Capital LLC’s holdings, making the stock its 26th biggest position. Wealthspring Capital LLC’s holdings in GigCapital7 Corp. Unit were worth $790,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tidal Investments LLC acquired a new stake in shares of GigCapital7 Corp. Unit during the 3rd quarter valued at approximately $329,000. Parallax Volatility Advisers L.P. purchased a new position in shares of GigCapital7 Corp. Unit during the 3rd quarter worth approximately $653,000. Rivernorth Capital Management LLC purchased a new position in shares of GigCapital7 Corp. Unit during the 3rd quarter worth approximately $2,045,000. Quarry LP purchased a new position in shares of GigCapital7 Corp. Unit during the 3rd quarter worth approximately $2,492,000. Finally, Periscope Capital Inc. purchased a new position in shares of GigCapital7 Corp. Unit during the 3rd quarter worth approximately $3,490,000.

GigCapital7 Corp. Unit Price Performance

Shares of GIGGU opened at $10.13 on Wednesday. The stock’s 50 day simple moving average is $10.09. GigCapital7 Corp. Unit has a 1-year low of $9.93 and a 1-year high of $10.17.

GigCapital7 Corp. Unit Company Profile

We are a newly organized Private-to-Public Equity (PPE) company, also known as a blank check company or special purpose acquisition company, incorporated in the Cayman Islands and formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.