Company: GIGGU
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034611
Chunk: 161

Company: GigCapital7 Corp.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 161
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SETS

    Current assets

    Cash
     
    $
    1,344,228

    Prepaid expenses and other current assets

    207,680

    Total current assets

    1,551,908

    Cash and marketable securities held in Trust Account

    203,188,704

    Other assets

    85,984

    TOTAL ASSETS
     
    $
    204,826,596

    LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS’ EQUITY

    Current liabilities

    Accounts payable
     
    $
    25,439

    Related party payable

    34,048

    Accrued liabilities

    114,000

    Total current liabilities

    173,487

    Warrant liability

    241,735

    Total liabilities

    415,222

    Commitments and contingencies (Note 3 and 4)

    Class A ordinary shares subject to possible redemption, par value of $0.0001 per share    200,000,000 shares authorized; 20,000,000 shares at a redemption value of $10.15 per share

    203,088,704

    Shareholders’ equity

    Preferred shares, par value of $0.0001 per share; 1,000,000 shares authorized; none issued    or outstanding

    —

    Class A ordinary shares, par value of $0.0001 per share; 200,000,000 shares authorized;    none issued or outstanding (excludes 20,000,000 shares subject to possible redemption)

    —

    Class B ordinary shares, par value of $0.0001 per share; 50,000,000 shares authorized;    13,333,333 shares issued and outstanding

    1,333

    Additional paid-in capital

    —

    Retained earnings

    1,321,337

    Total shareholders' equity

    1,322,670

    TOTAL LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS' EQUITY
     
    $
    204,826,596

The accompanying notes are an integral part of these financial statements.

75

GIGCAPITAL7 CORP.

Statement of Operations and Comprehensive Income

    Period