Toronto Dominion Bank Buys New Shares in Gigcapital7 Corp. (NASDAQ:GIG)

Toronto Dominion Bank acquired a new position in shares of Gigcapital7 Corp. (NASDAQ:GIG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 46,328 shares of the company's stock, valued at approximately $463,000. Toronto Dominion Bank owned 0.14% of Gigcapital7 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Rangeley Capital LLC acquired a new stake in shares of Gigcapital7 during the fourth quarter worth $100,000. Virtu Financial LLC acquired a new stake in shares of Gigcapital7 in the 4th quarter valued at about $537,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Gigcapital7 in the fourth quarter valued at about $750,000. Periscope Capital Inc. bought a new stake in shares of Gigcapital7 in the fourth quarter valued at about $2,000,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Gigcapital7 during the fourth quarter worth about $3,000,000.

Gigcapital7 Stock Up 0.4%

Shares of GIG traded up $0.04 during mid-day trading on Friday, hitting $10.33. 320 shares of the company's stock were exchanged, compared to its average volume of 47,888. Gigcapital7 Corp. has a 52 week low of $9.89 and a 52 week high of $10.33. The stock has a 50-day moving average of $10.19.

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.