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

GigCapital4’s (OTCMKTS:GIGGU) quiet period will end on Tuesday, October 8th. GigCapital4 had issued 20,000,000 shares in its IPO on August 29th. The total size of the offering was $200,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

GigCapital4 Price Performance

GIGGU opened at $9.98 on Friday. GigCapital4 has a fifty-two week low of $9.93 and a fifty-two week high of $10.04. The company’s 50 day moving average price is $10.13 and its two-hundred day moving average price is $10.24.

GigCapital4 Company Profile

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.