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Centiva Capital LP Invests $3 Million in Gigcapital7 Corp. (NASDAQ:GIG)

Gigcapital7 logo with Financial Services background

Centiva Capital LP bought a new position in shares of Gigcapital7 Corp. (NASDAQ:GIG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 300,000 shares of the company's stock, valued at approximately $3,000,000. Centiva Capital LP owned approximately 0.90% of Gigcapital7 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GIG. Bulldog Investors LLP acquired a new position in Gigcapital7 during the 4th quarter worth about $3,580,000. Whitebox Advisors LLC bought a new stake in shares of Gigcapital7 in the 4th quarter valued at $7,600,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Gigcapital7 during the 4th quarter valued at about $750,000. Berkley W R Corp lifted its stake in Gigcapital7 by 46.0% in the fourth quarter. Berkley W R Corp now owns 397,066 shares of the company's stock valued at $3,971,000 after buying an additional 125,108 shares in the last quarter. Finally, Westchester Capital Management LLC bought a new position in Gigcapital7 during the 4th quarter worth about $9,580,000.

Gigcapital7 Stock Performance

NASDAQ:GIG remained flat at $10.22 during trading hours on Friday. The company's stock had a trading volume of 1 shares, compared to its average volume of 44,019. Gigcapital7 Corp. has a 52-week low of $9.89 and a 52-week high of $10.24. The stock's fifty day moving average is $10.15.

About Gigcapital7

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Gigcapital7 (NASDAQ:GIG)

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