Is Jesus giving the Holy Spirit in John 20:22?

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After the resurrection in John’s gospel, Jesus appears to the disciples and in John 20:22 he breathes on them and says, “Receive the Holy Spirit.” What is happening here? Is Jesus giving them the Holy Spirit by breathing on them?

Edit: Maybe this goes a ways towards answering the question, but one of the reasons I’m questioning what’s happening here is that connecting John 7:39, John 17:5, and John 20:17 (and others) it seems like in John that the Spirit’s coming is connected with Jesus’ ascending to the Father.