Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 381

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 381
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 THE CONSEQUENCES TO IT OF MAKING AN ELECTION TO INCLUDE IN INCOME THE “ALL EARNINGS AND PROFITS AMOUNT” ATTRIBUTABLE TO ITS GIGCAPITAL7 CLASS A ORDINARY SHARES UNDER SECTION 367(b) OF THE CODE AND THE APPROPRIATE FILING REQUIREMENTS WITH RESPECT TO SUCH AN ELECTION. 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 should not be required to recognize any gain or loss or include any part of the “all earnings and profits amount” in income under Section 367 of the Code in connection with the Domestication. However, such U.S. Holder may be subject to taxation under the PFIC rules as discussed below under the section entitled “ —5. PFIC Considerations”.

| 4. | Tax Consequences for U.S. Holders of Public Warrants |

Assuming the Domestication qualifies as an F Reorganization, subject to the considerations described above under the section entitled “ —3. Effects of Section 367 to U.S. Holders of GigCapital7 Class A Ordinary Shares—a. U.S. Holders Who Own 10 Percent or More (By Vote or Value) of GigCapital7 Shares” relating to a U.S. Holder’s ownership of Public Warrants being taken into account in determining whether such U.S. Holder is a 10% U.S. Shareholder for purposes of Section 367(b) of the Code and the considerations described below under the section entitled “ —5. PFIC Considerations” relating to the PFIC rules, a U.S. Holder of Public Warrants should not be subject to U.S. federal income tax with respect to the exchange of Public Warrants for Domesticated GigCapital7 Warrants in the Domestication. 203

ALL U.S. HOLDERS ARE URGED TO CONSULT THEIR TAX ADVISORS WITH RESPECT TO THE EFFECT OF SECTION 367 OF THE CODE TO THEIR PARTICULAR CIRCUMSTANCES.

| 5. | PFIC Considerations |

Regardless of whether the Domestication qualifies as an F Reorganization (and, if the Domestication qualifies as an F Reorganization, in addition to the discussion above under the section entitled “—3. Effects of Section 367 to U.S. Holders of GigCapital7 Class A Ordinary Shares