1,753,100 Shares in GigCapital7 Corp. (NASDAQ:GIG) Acquired by Tabor Asset Management LP

Tabor Asset Management LP purchased a new stake in shares of GigCapital7 Corp. (NASDAQ:GIG - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,753,100 shares of the company's stock, valued at approximately $17,829,000. GigCapital7 comprises 4.6% of Tabor Asset Management LP's portfolio, making the stock its largest position. Tabor Asset Management LP owned about 5.26% of GigCapital7 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GIG. Rangeley Capital LLC bought a new position in shares of GigCapital7 in the fourth quarter worth approximately $100,000. Toronto Dominion Bank bought a new stake in GigCapital7 in the fourth quarter valued at $463,000. Virtu Financial LLC bought a new stake in GigCapital7 in the fourth quarter valued at $537,000. Schonfeld Strategic Advisors LLC purchased a new position in GigCapital7 during the fourth quarter valued at $750,000. Finally, Berkley W R Corp lifted its position in GigCapital7 by 46.0% during 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 during the period.

GigCapital7 Price Performance

Shares of GigCapital7 stock opened at $10.38 on Monday. The business has a fifty day simple moving average of $10.33 and a two-hundred day simple moving average of $10.19. GigCapital7 Corp. has a 12 month low of $9.89 and a 12 month high of $10.43.

GigCapital7 Company 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.

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