Company: GIGGU
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034611
Chunk: 237

Company: GigCapital7 Corp.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 8
Chunk 237
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INDEX TO FINANCIAL STATEMENTS

    Report of Independent Registered Public Accounting Firm (PCAOB ID: 207)
    74

    Balance Sheet as of December 31, 2024
    75

    Statement of Operations and Comprehensive Income for the Period from May 8, 2024 (Date of Inception) through December 31, 2024
    76

    Statement of Shareholders’ Equity for the Period from May 8, 2024 (Date of Inception) through December 31, 2024
    77

    Statement of Cash Flows for the Period from May 8, 2024 (Date of Inception) through December 31, 2024
    78

    Notes to Financial Statements
    79

73

Report of Independent Registered Public Accounting Firm

To the Board of Directors and

Shareholders of GigCapital7 Corp.

Opinion on the Financial StatementsWe have audited the accompanying balance sheet of GigCapital7 Corp. (a Cayman Islands exempted company) (the “Company”) as of December 31, 2024, and the related statements of operations and comprehensive income, shareholders’ equity, and cash flows for the period from May 8, 2024 (date of inception) through December 31, 2024, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024, and the results of its operations and its cash flows for the period from May 8, 2024 (date of inception) through December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Going Concern Uncertainty

The accompanying financial statements have been prepared assuming that GigCapital7 Corp. will continue as a going concern. As discussed in Note 1 to the financial statements, the Company has no present revenue, its business plan is dependent on the completion of a business combination and the Company’s cash and working capital as of December 31, 2024 are not sufficient to complete its planned activities for the upcoming year. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans regarding these matters are also described in Note 1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion