GigCapital4, Inc.’s (OTCMKTS:GIGGU) Quiet Period To Expire on October 8th

GigCapital4’s (OTCMKTS:GIGGU) quiet period will expire on Tuesday, October 8th. GigCapital4 had issued 20,000,000 shares in its initial public offering on August 29th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During GigCapital4’s quiet period, insiders and any underwriters that worked on the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

GigCapital4 Price Performance

Shares of GIGGU opened at $9.98 on Friday. GigCapital4 has a 12 month low of $9.93 and a 12 month high of $10.04. The firm’s 50 day moving average is $10.13 and its 200-day moving average is $10.24.

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.