Westchester reports 5.14% stake in GigCapital8
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.
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.
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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.
Key Figures
Key Terms
Schedule 13G regulatory
Beneficial ownership financial
FAQ
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What stake does Westchester Capital Management report in GIW?
Does the filing indicate Westchester will act as a group?
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