Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 606

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 606
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 July 29, 2024 and August 28, 2024, the Sponsor surrendered 300,000, 659,417and 3,833,337Class B ordinary shares, respectively, for noconsideration. On June 6, 2024, the Company issued 300,000Class B ordinary shares to a consultant for consulting services in connection with the Offering for a purchase price of $ 0.01per share, or an aggregate purchase price of $ 3,000. As of June 30, 2025 and December 31, 2024, there were 13,333,333Class B ordinary shares issued and outstanding. Warrants (Public Warrants and Private Placement Warrants) Warrants will be exercisable for $ 11.50per share, and the exercise price and number of warrant shares issuable on exercise of the warrants may be adjusted in certain circumstances including in the event of a share dividend, extraordinary dividend or recapitalization, reorganization, merger or consolidation of the Company. In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $ 9.20per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s Board of Directors, and in the case of any such issuance to the F-14 Company’s Founder or its affiliates, without taking into account any Founder Shares held by it prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 65% of the total equity proceeds, and interest thereon, available for the funding of the Company’s initial Business Combination on the date of the consummation of its initial Business Combination (net of redemptions), and (z) the volume weighted-average trading price of the Company’s public shares during the 20 trading-dayperiod starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $ 9.20per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of (i) the Market Value or (ii) the price at which the Company issues the additional Class A ordinary shares or equity-linked securities. Each warrant will become exercisable on the later of 30 daysafter