Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 380

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 380
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 other consideration transferred or received in the Domestication; |

202

| (iv) | a statement describing the amounts required to be taken into account for U.S. federal income tax purposes; |

| (v) | a statement that the U.S. Holder is making the election that includes (A) a copy of the information that the U.S. Holder received from GigCapital7 (or Domesticated GigCapital7) establishing and substantiating the U.S. Holder’s “all earnings and profits amount” with respect to the U.S. Holder’s GigCapital7 Class A Ordinary Shares and (B) a representation that the U.S. Holder has notified GigCapital7 (or Domesticated GigCapital7) that the U.S. Holder is making the election; and |

| (vi) | certain other information required to be furnished with the U.S. Holder’s tax return or otherwise furnished pursuant to the Code or the Treasury Regulations. |

In addition, the election must be attached by an electing U.S. Holder to such U.S. Holder’s timely filed U.S. federal income tax return for the year of the Domestication, and the U.S. Holder must send notice of making the election to GigCapital7 or Domesticated GigCapital7 no later than the date such tax return is filed. In connection with this election, Domesticated GigCapital7 will reasonably cooperate with U.S. Holders of GigCapital7 Class A Ordinary Shares, upon request, to make available to such requesting U.S. Holders information regarding GigCapital7’s earnings and profits. GigCapital7 does not expect to have significant, if any, current or accumulated earnings and profits through the date of the Domestication and if that proves to be the case, U.S. Holders who make this election are not expected to have a significant income inclusion under Section 367(b) of the Code, provided that the U.S. Holder properly executes the election and complies with the applicable notice requirements. However, as noted above, if it were determined that GigCapital7 had positive earnings and profits through the date of the Domestication, a U.S. Holder that makes the election described herein could have an “all earnings and profits amount” with respect to its GigCapital7 Class A Ordinary Shares, and thus could be required to include that amount in income as a deemed dividend deemed paid by GigCapital7 under applicable Treasury Regulations as a result of the Domestication. EACH U.S. HOLDER IS URGED TO CONSULT ITS TAX ADVISOR REGARDING