Company: GIGGU
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034611
Chunk: 218

Company: GigCapital7 Corp.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 5
Chunk 218
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(a) Market Information

On September 6, 2024, the Company announced that the holders of the Company’s units may elect to separately trade the securities underlying such 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 Class A ordinary shares and warrants that are separated will trade on the Nasdaq under the symbols “GIG,” and “GIGGW”, respectively. Each warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50. Each warrant will become exercisable on the later of 30 days after the completion of the Company’s initial business combination or 12 months after the registration statement is declared effective by the SEC and will expire five years after the completion of the Company’s initial business combination or earlier upon redemption or liquidation.

The following table sets forth, for the calendar quarter indicated, the high and low sales prices per unit as reported on the Nasdaq for the period from August 30, 2024 (the first day on which our units began trading) through December 31, 2024, and our public shares and warrants for the period from September 11, 2024 (the first day on which our public shares and warrants were traded separately) through December 31, 2024.

    Units (GIGGU)

    Ordinary Shares (GIG)

    Warrants (GIGGW)

    High

    Low

    High

    Low

    High

    Low

    Year Ended December 31, 2024

    Quarter ended March 31, 2024
     
    $
    —

    $
    —

    $
    —

    $
    —

    $
    —

    $
    —

    Quarter ended June 30, 2024
     
    $
    —

    $
    —

    $
    —

    $
    —

    $
    —

    $
    —

    Quarter ended September 30, 2024 (1)
     
    $
    10.04

    $
    9.94

    $
    9.93

    $
    9.91

    $
    0.06

    $
    0.05

    Quarter ended December 31, 2024 (2)
     
    $
    10.08

    $
    9.95

    $
    10.10

    $
    9.