Company: GIGGU
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034611
Chunk: 205

Company: GigCapital7 Corp.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 205
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 beneficially owns ordinary shares; and

▪all our executive officers and directors as a group.

Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all shares beneficially owned by them. 

    Name and Address of Beneficial Owner (1)
     
    Number ofShares BeneficiallyOwned

    Approximate Percentageof OutstandingOrdinary Shares (2)

    GigAcquisitions7 Corp.

    10,207,246

    30.6
    %

    Dr. Avi S. Katz (3)

    10,207,246

    30.6
    %

    Christine M. Marshall

    —

    —

    Dr. Raluca Dinu

    10,207,246

    30.6
    %

    Karen Rogge

    —

    —

    Raanan I. Horowitz

    —

    —

    Ambassador Adrian Zuckerman

    —

    —

    Professor Darius Moshfeghi

    —

    —

* Less than one percent

(1)Unless otherwise indicated, the business address of each of the individuals is 1731 Embarcadero Rd., Suite 200, Palo Alto, CA 94303.

(2)Based on 33,333,333 ordinary shares outstanding as of March 4, 2025.

(3)Represents shares held by our Sponsor. The shares held by our Sponsor are beneficially owned by Dr. Katz,our Chairman of the Board of Directors, and Dr. Raluca Dinu, our director, who both have the voting and dispositive power over the shares held by our Sponsor. The Sponsor’s business address is 1731 Embarcadero Rd., Suite 200, Palo Alto, CA 94303.

Our initial shareholders and any of their permitted transferees beneficially own approximately 40% of our issued and outstanding shares (assuming none of our initial shareholders purchases any public units), with our Sponsor beneficially owning approximately 30.6% of such issued and outstanding shares. Because of this ownership block, our Sponsor, acting alone, may be able to effectively influence the outcome of all matters requiring approval by our shareholders, including the election of directors, amendments to our amended and restated memorandum and articles of association and approval of significant corporate transactions. 

Item 13. Certain Relationships and Related Transactions, and Director Independence.

At our formation on May 8, 2024, our Sponsor acquired