Rangeley Capital LLC Acquires Shares of 10,000 Gigcapital7 Corp. (NASDAQ:GIG)

Rangeley Capital LLC acquired a new position in shares of Gigcapital7 Corp. (NASDAQ:GIG) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,000 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors also recently made changes to their positions in the company. Virtu Financial LLC acquired a new stake in Gigcapital7 during the fourth quarter valued at approximately $537,000. Periscope Capital Inc. acquired a new position in Gigcapital7 in the fourth quarter valued at approximately $2,000,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Gigcapital7 during the fourth quarter valued at approximately $3,000,000. Wolverine Asset Management LLC bought a new stake in shares of Gigcapital7 in the 4th quarter worth approximately $3,027,000. Finally, Mizuho Securities USA LLC bought a new position in Gigcapital7 during the 4th quarter worth $3,372,000.

Gigcapital7 Trading Down 0.6 %

GIG stock opened at $10.12 on Thursday. Gigcapital7 Corp. has a 1 year low of $9.89 and a 1 year high of $10.18. The company has a fifty day 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.