Company: GIGGU
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034611
Chunk: 132

Company: GigCapital7 Corp.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1A
Chunk 132
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 of an operating company in a particular industry. 

Prior to the Offering there has been no public market for any of our securities. The public offering price of the public units and the terms of the warrants were negotiated between us and the underwriters. In determining the size of the Offering, management held customary organizational meetings with the Representative, with respect to the state of capital markets, generally, and the amount the underwriters believed they reasonably could raise on our behalf. Factors considered in determining the size of the Offering, prices and terms of the public units, including the public shares and public warrants underlying the public units, include: 

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    the history and prospects of companies whose principal business is the acquisition of other companies; 

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    prior offerings of those companies; 

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    our prospects for acquiring an operating business at attractive values; 

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    a review of debt-to-equity ratios in leveraged transactions; 

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    our capital structure; 

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    an assessment of our management and their experience in identifying operating companies; 

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    general conditions of the securities markets at the time of the Offering; and 

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    other factors as were deemed relevant. 

Although these factors were considered, the determination of our Offering price is more arbitrary than the pricing of securities of an operating company in a particular industry since we have no historical operations or financial results. 

A market for our securities may not develop, which would adversely affect the liquidity and price of our securities. 

Following the Offering, the price of our securities may vary significantly due to one or more potential business combinations and general market or economic conditions. After listing on Nasdaq, an active trading market for our securities may never develop or, if developed, it may not be sustained. Additionally, if our securities become delisted from Nasdaq for any reason, and are quoted on the OTC Pink Sheets, an inter-dealer automated quotation system for equity securities not listed on a national exchange, the liquidity and price of our securities may be more limited than if we were listed on Nasdaq or another national exchange. You may be unable to sell your securities unless a market can be established and sustained. 

We may issue our shares to investors in connection with our initial business combination at a price which is less than the prevailing market price of our shares at that time. 

In connection with our initial business combination, we may issue shares to investors in private placement transactions at a price of $