Streetbeat News

GIA

GigCapital5 Inc

Industry

Electromedical and Electrotherapeutic Apparatus Manufacturing

Open

4.08

Mkt cap

31M

Volume

186K

High

4.40

P/E Ratio

-4.36

52-wk high

14.40

Low

3.41

Div yield

N/A

52-wk low

3.41

Zscaler, Inc. (ZS) shares fell by 10.1% following its Q2 earnings report, despite better-than-expected results. Other stocks showed significant movement, with BioVie Inc. (BIVI) and Adial Pharmaceuticals, Inc. (ADIL) among the top gainers. Losers included GigCapital5, Inc. (GIA) and Fisker Inc. (FSR), with FSR dropping 44.6% due to concerns about its going concern status.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 6:19 pm

U.S. stocks traded mixed with the Dow Jones falling and NASDAQ rising. Dell Technologies reported better-than-expected Q4 results and increased its dividend by 20%. BioVie, Adial Pharmaceuticals, and Nxu saw significant stock price increases due to positive developments. Conversely, GigCapital5, Fisker, and Scilex Holding experienced substantial declines. Oil and gold prices rose, while European and Asian markets were mostly higher.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 2:47 pm

NetApp, Inc. (NASDAQ:NTAP) shares surged by approximately 17% in pre-market trading following the announcement of better-than-expected third-quarter financial results and positive guidance. The company reported adjusted earnings of $1.94 per share, surpassing the market estimates of $1.69 per share, with quarterly sales of $1.610 billion against expectations of $1.591 billion. Other stocks also showed significant movement in pre-market trading, with notable gainers including Nxu, Inc., Minim, Inc., and Dell Technologies Inc., among others. Conversely, several companies experienced declines, such as GigCapital5, Inc., Fisker Inc., and Sidus Space, Inc.

Portfolio Pulse from Avi Kapoor

March 01, 2024 | 1:31 pm

GigCapital5, Inc. (NASDAQ:GIA) and QT Imaging, Inc. have announced the completion of their business combination on March 4, 2024, with QT Imaging Holdings, Inc. expected to start trading on Nasdaq under the ticker 'QTI' on March 5, 2024. This marks GigCapital5's fifth business combination, leveraging QT Imaging's innovative medical imaging technology. QT Imaging, known for its advanced breast imaging system, is poised for growth in the healthcare market.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 10:04 pm

GigCapital5, Inc. (NASDAQ:GIA) announced shareholder approval for a business combination with QT Imaging, Inc. and QTI Merger Sub, Inc., including all related proposals. The results from the Annual Meeting held on February 20, 2024, will be filed with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 2:06 pm

GigCapital5, Inc. (NASDAQ:GIA) has confirmed that it is considering Non-Redemption Agreements with non-affiliate stockholders of GigCapital5 common stock. This is in line with the Settlement Agreement that GigCapital5, QT Imaging, Inc., and the John C. Klock, Jr. and Cynthia L. Klock Trust entered into on September 21, 2023. QT Imaging plans to issue shares of its common stock that will convert into GigCapital5 Shares prior to the closing of the Business Combination.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:49 pm

GigCapital5, Inc. (NASDAQ:GIA) has received a $100,000 payment to its Trust Account, extending the deadline to complete a business combination by one month to June 28, 2023. The aggregate principal amount under the promissory note has increased to $1,260,000.

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 12:33 pm

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