Company: GIGGU
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001193125-25-283009
Chunk: 0

Company: GigCapital7 Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 0
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GigCapital7 Corp.

Condensed Consolidated Balance Sheets

(Unaudited)

     September 30,

     December 31,

     2025

     2024

     ASSETS

     Current assets

     Cash
      
     $
     405,404

     $
     1,344,228

     Prepaid expenses and other current assets

     229,337

     207,680

     Total current assets

     634,741

     1,551,908

     Cash and marketable securities held in Trust Account

     209,596,708

     203,188,704

     Other assets

     —

     85,984

     TOTAL ASSETS
      
     $
     210,231,449

     $
     204,826,596

     LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS’ EQUITY (DEFICIT)

     Current liabilities

     Accounts payable
      
     $
     195,678

     $
     25,439

     Related party payable

     34,681

     34,048

     Accrued legal services

     840,733

     —

     Accrued liabilities

     125,213

     114,000

     Total current liabilities

     1,196,305

     173,487

     Warrant liability

     1,673,550

     241,735

     Total liabilities

     2,869,855

     415,222

     Commitments and contingencies (Notes 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 $10.47 per   share and $10.15 per share as of September 30, 2025 and December 31, 2024, respectively

     209,496,708

     203,088,704

     Shareholders’ equity (deficit):

     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