Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 603

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 603
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, 2024 (date of inception) to May 31, 2024, the Founder purchased 17,000,000Class B ordinary shares (the “Founder Shares”) for an aggregate purchase price of $ 100,000, or $ 0.00588235per share. Following the May 31, 2024 purchase, the Sponsor surrendered 4,792,754Class B ordinary shares for no F-12 consideration. The Founder Shares are identical to the Class A ordinary shares included in the public units sold in the Offering except that the Founder Shares are subject to certain transfer restrictions, as described in more detail below. The Founder agreed to forfeit up to 2,000,000Founder Shares to the extent that the over-allotment option is not exercised in full or in part by the Underwriters. As the Underwriters did not exercise the over-allotment option prior to its expiration, the Founder forfeited 2,000,000Founder Shares on October 25, 2024, such that the Founder, the consultant and non-managinginvestors own 40% of the Company’s issued and outstanding Class A and Class B ordinary shares after the Offering. Private Placement Warrant Simultaneously with the closing of the Offering, the Founder purchased warrants to purchase an aggregate of 3,719,000Class A ordinary shares at a price of $ 0.01561per warrant. The private placement warrants will only be exercisable for whole Class A ordinary shares at $ 11.50per share. Under the terms of the warrant agreement, the Company has agreed to use its best efforts to file a new registration statement under the Securities Act, following the completion of the Company’s initial Business Combination. Nofractional shares will be issued upon exercise of the private placement warrants. If, upon exercise of the private placement warrants, a holder would be entitled to receive a fractional interest in a share, the Company will, upon exercise, round down to the nearest whole number the number of shares to be issued to the private placement warrant holder. Each private placement warrant will become exercisable on the later of 30 daysafter the consummation of the Company’s initial Business Combination or 12 monthsfrom the closing of the Offering and will expire five yearsafter the completion of the Company’s initial Business Combination or earlier upon redemption or liquidation. However, if the Company does not complete its initial Business Combination on or prior to the 21-monthperiod allotted to complete the initial Business Combination, the private placement