Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 602

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 602
---
 the Offering, the public warrants will expire worthless at the end of such period. If the Company is unable to deliver registered ordinary shares to the holder upon exercise of the public warrants during the exercise period, there will be nonet cash settlement of these public warrants and the public warrants will expire worthless, unless they may be exercised on a cashless basis in the circumstances described in the warrant agreement. Once the public warrants become exercisable, the Company may redeem the outstanding public warrants in whole and not in part at a price of $ 0.01per public warrant upon a minimum of 30 days’ prior written notice of redemption, only in the event that the last sale price of the Company’s ordinary shares equals or exceeds $ 18.00per share for any 20trading days within the 30-tradingday period ending on the third trading day before the Company sends the notice of redemption to the public warrant holders. The Company granted the Underwriters a 45-dayoption to purchase up to 3,000,000additional public units to cover any over-allotments, at the initial public offering price. The option expired on October 12, 2024without the purchase of additional public units by the Underwriters. The Company paid an underwriting discount of $ 0.03per public unit to the Underwriters at the closing of the Offering on August 30, 2024. Simultaneously with the closing of the Offering certain non-managinginvestors purchased an aggregate of 2,826,087Class B ordinary shares from the Company at the price of $ 1.15per share. The private placement shares along with the founder shares and shares held by the consultant collectively represent 40% of the outstanding ordinary shares at the completion of the Offering (excluding any shares underlying the private placement warrants further described in Note 4). The private placement proceeds will be used to pay for business, legal and accounting due diligence expenses on acquisition targets and continuing general and administration expenses. On September 6, 2024, the Company announced that the holders of the Company’s public units may elect to separately trade the securities underlying such public units which commenced on September 11, 2024. Any public units not separated will continue to trade on the Nasdaq under the symbol “GIGGU”. Any underlying ordinary shares and warrants that are separated will trade on the Nasdaq under the symbols “GIG,” and “GIGGW”, respectively. Note 4. Related Party Transactions Founder Shares During the period from May 8