Periscope Capital Inc. Makes New $3.49 Million Investment in GigCapital7 Corp. Unit (NASDAQ:GIGGU)

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

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

GigCapital7 Corp. Unit Stock Performance

Shares of NASDAQ GIGGU opened at $10.02 on Friday. GigCapital7 Corp. Unit has a 12-month low of $9.93 and a 12-month high of $10.10.

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