Calamos Advisors LLC purchased a new stake in GigCapital7 Corp. (NASDAQ:GIG - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 925,000 shares of the company's stock, valued at approximately $9,407,000. Calamos Advisors LLC owned 2.78% of GigCapital7 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of GIG. Westchester Capital Management LLC acquired a new position in GigCapital7 during the fourth quarter worth $9,580,000. D. E. Shaw & Co. Inc. grew its position in shares of GigCapital7 by 64.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 815,000 shares of the company's stock valued at $8,142,000 after acquiring an additional 318,717 shares during the period. Whitebox Advisors LLC acquired a new position in shares of GigCapital7 during the 4th quarter worth about $7,600,000. Picton Mahoney Asset Management bought a new stake in shares of GigCapital7 in the 4th quarter valued at about $7,175,000. Finally, Berkley W R Corp lifted its stake in GigCapital7 by 46.0% in the 4th quarter. Berkley W R Corp now owns 397,066 shares of the company's stock valued at $3,971,000 after purchasing an additional 125,108 shares during the last quarter.
GigCapital7 Stock Down 0.2%
Shares of GIG traded down $0.02 during mid-day trading on Monday, reaching $10.40. The company's stock had a trading volume of 462 shares, compared to its average volume of 11,043. GigCapital7 Corp. has a 1-year low of $9.89 and a 1-year high of $10.42. The business's 50-day moving average price is $10.31.
GigCapital7 Company Profile
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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.
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