Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 54

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 54
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.S. Federal Income Tax Considerations for Holders of GigCapital7 Securities and Domesticated GigCapital7 Securities—II. U.S. Holders—A. Tax Effects of the Domestication to U.S. Holders—5. PFIC Considerations”, U.S. Holders (as defined in “Material U.S. Federal Income Tax Considerations for Holders of GigCapital7 Securities and Domesticated GigCapital7 Securities—II. U.S. Holders”) will be subject to Section 367(b) of the Code in connection with the Domestication and, as a result: |

| • |     | a U.S. Holder who beneficially owns (directly, indirectly or constructively) 10% or more of the total combined voting power of all classes of GigCapital7 shares entitled to vote or 10% or more of the total value of all classes of GigCapital7 shares (a “10% U.S. Shareholder”) on the date of the Domestication generally will be required to include in income as a deemed dividend deemed paid by GigCapital7 the “all earnings and profits amount” (as defined in the Treasury Regulations under Section 367 of the Code) attributable to the GigCapital7 Class A Ordinary Shares held directly by such U.S. Holder; |

| • |     | a U.S. Holder who, on the date of the Domestication, is not a 10% U.S. Shareholder and whose GigCapital7 Class A Ordinary Shares have a fair market value of $50,000 or more on the date of the Domestication generally will recognize gain (but not loss) with respect to its GigCapital7 Class A Ordinary Shares as if such U.S. Holder exchanged its GigCapital7 Class A Ordinary Shares for Domesticated GigCapital7 Common Stock in a taxable transaction unless such U.S. Holder elects in accordance with applicable Treasury Regulations to include in income as a deemed dividend deemed |

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| paid by GigCapital7 the “all earnings and profits” amount attributable to such U.S. Holder’s GigCapital7 Class A Ordinary Shares; and |

| • |     | a U.S. Holder who, on the date of the Domestication, is not a 10% U.S. Shareholder and whose GigCapital7 Class A Ordinary Shares have a fair market value of less than $50,000 on the date of the Domestication generally will not recognize any gain or loss or include any part of the “all earnings and profits amount” in income under