Periscope Capital Inc. Takes Position in GigCapital7 Corp. Unit (NASDAQ:GIGGU)

Periscope Capital Inc. acquired a new stake in shares of GigCapital7 Corp. Unit (NASDAQ:GIGGUFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 350,000 shares of the company’s stock, valued at approximately $3,490,000. GigCapital7 Corp. Unit comprises approximately 1.9% of Periscope Capital Inc.’s portfolio, making the stock its 13th largest holding.

Separately, Wealthspring Capital LLC acquired a new position in GigCapital7 Corp. Unit in the 3rd quarter valued at $470,000.

GigCapital7 Corp. Unit Stock Performance

GIGGU stock opened at $10.02 on Friday. GigCapital7 Corp. Unit has a 52-week low of $9.93 and a 52-week high of $10.10.

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