Ionic Capital Management LLC Makes New $494,000 Investment in GigCapital4, Inc. (OTCMKTS:GIGGU)

Ionic Capital Management LLC purchased a new position in GigCapital4, Inc. (OTCMKTS:GIGGU) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 50,000 shares of the company’s stock, valued at approximately $494,000.

A number of other institutional investors have also bought and sold shares of the business. Berman Capital Advisors LLC acquired a new stake in shares of GigCapital4 during the 1st quarter valued at $49,000. Gabelli Funds LLC acquired a new stake in shares of GigCapital4 during the 1st quarter valued at $120,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of GigCapital4 during the 1st quarter valued at $126,000. Flow Traders U.S. LLC acquired a new stake in shares of GigCapital4 during the 1st quarter valued at $140,000. Finally, Vivaldi Capital Management LLC acquired a new stake in shares of GigCapital4 during the 1st quarter valued at $148,000.

Shares of OTCMKTS:GIGGU traded down $0.03 during trading on Thursday, reaching $10.17. 3,901 shares of the company traded hands, compared to its average volume of 219,049. The company has a fifty day simple moving average of $10.12. GigCapital4, Inc. has a 1-year low of $9.80 and a 1-year high of $10.50.

About GigCapital4

GigCapital4, Inc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2020 and is headquartered in Palo Alto, California.

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Institutional Ownership by Quarter for GigCapital4 (OTCMKTS:GIGGU)

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