Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 636

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 636
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----|:--|---------:|:--|:----|:--|-------------:|:--|
| Furniture                |     | $ |    7,987 |   |     | $ |        4,985 |   |
| Computer equipment       |     |   |    6,821 |   |     |   |            — |   |
|                          |     |   |   14,808 |   |     |   |        4,985 |   |
| Accumulated depreciation |     |   |     (966 | ) |     |   |         (297 | ) |
|                          |     | $ |   13,842 |   |     | $ |        4,688 |   |

Depreciation expense for the six months ended June 30, 2025 was $669. 5. EQUITY FINANCING AGREEMENTS During the period from July 8, 2024 (inception) to December 31, 2024 and for the six months ended June 30, 2025, the Company issued instruments referred to as “Simple Agreements for Future Equity” (“SAFEs”) as its primary source of funding. Pursuant the terms of the SAFEs, upon a qualified future equity financing involving preferred shares, the SAFEs will settle into a number of preferred shares equal to the greater of (i) the number of shares of standard preferred stock (“Standard Preferred Stock”) equal to the purchase price divided by the lowest price per share of the Standard Preferred Stock, or (ii) the number of shares of SAFE preferred stock (“SAFE Preferred Stock”) divided by a discounted price to the price investors pay to purchase the standard preferred shares in the financing (with such discounted price calculated by reference to a valuation cap) (“Cap Price”). Upon the occurrence of a change of control, a direct listing or an initial public offering (described as a “liquidity event”) (other than a qualified financing), the investors have the option to receive either (i) cash payment equal to the invested amount under such SAFE, or (ii) a number of shares of common stock equal to the invested amount divided by the liquidity price set forth in the applicable SAFE agreement. If a dissolution event occurs prior to F-42

the termination of the SAFEs, the investors would be entitled to receive a portion of the related proceeds equal to the purchase amount (or the amount received for the SAFE). The Company determined that the SAFEs should be