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

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 11
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 combination or the liquidation of GigCapital7. In order to finance transaction costs in connection with an initial business combination, the Sponsor or an affiliate of the Sponsor, or certain of GigCapital7’s officers and directors may, but are not obligated to, loan GigCapital7 funds as may be needed for working capital purposes (the “ Working Capital Loans”). Under the Business Combination Agreement, GigCapital7 is permitted to borrow Working Capital Loans. If GigCapital7 completes an initial business combination, GigCapital7 would repay the Working Capital Loans out of the proceeds of the Trust Account released to GigCapital7. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that an initial business combination does not close, GigCapital7 may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay such Working Capital Loans. If such funds are insufficient to repay the Working Capital Loans, the unpaid amounts would be forgiven. The Working Capital Loans are to be repaid upon consummation of an initial business combination, without interest. The Sponsor or an affiliate of the Sponsor, or certain of GigCapital7’s officers and directors may convert any Working Capital Loans made to GigCapital7 into up to an additional 1,500,000 warrants, which would be identical to the Private Placement Warrants, at the price of $1.00 per warrant. As of the date of this proxy statement/prospectus, no Working Capital Loans are outstanding. Additionally, GigCapital7’s officers and directors will be entitled to continued indemnification and the continuation of directors’ and officer’s liability insurance policy for a period of six (6) years after the Business Combination. GigCapital7’s independent directors are not stockholders of the Sponsor. However, these individuals will be reimbursed for any out-of-pocketexpenses incurred in connection with activities on our behalf such as identifying potential target businesses and performing due diligence on suitable business combinations. The reimbursement of expenses and advances and the securities issued to the Sponsor, Dr. Katz and Dr. Dinu may result in a material dilution of the equity interests of non-redeeming Public Shareholders. See “ Dilution”, “The Business Combination Proposal—Interests of Certain GigCapital7 Persons in the Business Combination” and “Information About GigCapital7—Executive and Director Compensation”. Potential conflicts of interest in connection with the Business Combination:There may be actual or potential material conflicts of interest between or