STOCK TITAN

Westchester Capital (GIW) discloses 1.32M shares; 5.14% ownership

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

GigCapital8 Corp ownership disclosure: Westchester Capital Management, LLC and Westchester Capital Partners, LLC filed a joint Schedule 13G reporting beneficial ownership of Class A ordinary shares. Westchester Capital Management beneficially owns 1,318,232 shares (5.14%) and Westchester Capital Partners beneficially owns 11,768 shares (0.05%). The filing states 25,657,625 shares outstanding as of March 30, 2026 as reported in the issuer's Form 10-K. The filing lists sole and shared voting and dispositive powers attributable to each reporting person and is signed by the Chief Compliance Officer.

Positive

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Negative

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Insights

Large registered fund reports a passive >5% stake in GIW.

Westchester Capital Management's 1,318,232 shares (5.14%) represents a disclosed passive beneficial position calculated against 25,657,625 shares outstanding as of March 30, 2026. The filing follows Schedule 13G formality for institutional investors reporting beneficial ownership.

Cash‑flow treatment and any plans to buy or sell are not included in the excerpt; subsequent filings would show changes in position.

Voting and dispositive powers are split between sole and shared holdings.

The disclosure itemizes sole voting/dispositive power (Westchester: 111,171 shares) and shared voting/dispositive power (Westchester: 1,207,061 shares), which affects how influence over corporate actions may be exercised.

Because the filing is a passive 13G, it expressly avoids indicating group control; the statement notes the parties "may be deemed" a group but disclaims admission of that status.

Westchester ownership 1,318,232 shares Beneficially owned by Westchester Capital Management
WCP ownership 11,768 shares Beneficially owned by Westchester Capital Partners
Percent of class 5.14% Westchester Capital Management percentage of Class A shares
Shares outstanding 25,657,625 shares Outstanding as of March 30, 2026 (source: issuer's Form 10-K)
Sole voting power (Westchester) 111,171 shares Sole power to vote or direct the vote
Shared voting power (Westchester) 1,207,061 shares Shared power to vote or direct the vote
Schedule 13G regulatory
"This statement is being filed jointly by the following"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownership financial
"Amount beneficially owned: Westchester Capital Management, LLC: 1,318,232"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Sole/Shared voting power governance
"Sole Voting Power 111,171.00 ... Shared Voting Power 1,207,061.00"





G3864J100

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: * Based on 25,657,625 Shares outstanding as of March 30, 2026, as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: * Based on 25,657,625 Shares outstanding as of March 30, 2026, as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2026.


SCHEDULE 13G



Westchester Capital Management, LLC
Signature:/s/ CaSaundra Wu
Name/Title:Chief Compliance Officer
Date:05/15/2026
Westchester Capital Partners, LLC
Signature:/s/ CaSaundra Wu
Name/Title:Chief Compliance Officer
Date:05/15/2026

FAQ

What stake does Westchester Capital Management report in GIW?

Westchester Capital Management reports beneficial ownership of 1,318,232 shares, equal to 5.14% of Class A ordinary shares, as stated in the Schedule 13G filing.

How many shares outstanding does GigCapital8 report in the filing?

The filing cites 25,657,625 shares outstanding as of March 30, 2026, referenced from the issuer's Annual Report on Form 10-K filed March 31, 2026.

What voting power does Westchester hold over GIW shares?

Westchester Capital Management reports 111,171 shares sole voting power and 1,207,061 shares shared voting power, per the Schedule 13G disclosure.

Does the filing indicate Westchester will act as a group?

The filing states the parties "may be deemed" a group under Section 13(g)(3) but expressly says the statement shall not be construed as an admission that they are a group or have agreed to act as one.