Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 553

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 553
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| * | Less than 1% |

| (1) | [●] |

**GigCapital7’s Initial Shareholders beneficially own approximately 30.32% of the issued and outstanding GigCapital7 Ordinary Shares. Prior to the closing of GigCapital7’s initial business combination, only holders of GigCapital7 Class B Ordinary Shares will be entitled to vote on the appointment and removal of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend GigCapital7’s constitutional documents or to adopt new constitutional documents, in each case, as a result of GigCapital7’s approving a transfer by way of continuation to a jurisdiction outside the Cayman Islands). Because of this ownership block, GigCapital7’s Initial Shareholders may be able to effectively influence the outcome of all other matters requiring approval by GigCapital7’s shareholders, including the appointment of directors or continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend GigCapital7’s constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation to a jurisdiction outside the Cayman Islands), and approval of significant corporate transactions including GigCapital7’s initial business combination. GigCapital7’s Sponsor purchased an aggregate of 3,719,000 Private Placement Warrants, each exercisable to purchase one GigCapital7 Class A Ordinary Share at $11.50 per share, at a price of $0.01561 per warrant, or $58,060 in the aggregate, in a private placement that occurred simultaneously with the closing of the Initial Public Offering. The Private Placement Warrants held by the Sponsor, are subject to a lock-up as described in “Principal Shareholders-Restrictions on Transfers of Class B Ordinary Shares and Private Placement Warrants”. The Private Placement Warrants are identical to the warrants sold in the Initial Public Offering except that, the Private Placement Warrants: (i) will not be redeemable by GigCapital7; (ii) may be exercised for cash or on a cashless basis