Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 62

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 62
---
 the Trust Account. As of the Record Date, funds in the Trust Account totaled $[●] and were comprised entirely of U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended (the “Investment Company Act”), which invest only in direct U.S. government treasury obligations. These funds will remain in the Trust Account, except for the withdrawal of interest to pay taxes, if any, until the earliest of (a) the completion of a business combination (including the Closing) within the required time period, (b) our redemption of 100% of the Public Shares if we are unable to complete a business combination by May 28, 2026 (or if such date is further extended at a duly called general meeting, such later date) and (c) our redemption of the Public Shares properly tendered in connection with the approval of any amendment to the Cayman Constitutional Documents (A) to modify the substance or timing of GigCapital7’s obligation to redeem 100% of the Public Shares in connection with its initial business combination or if it does not complete a business combination by May 28, 2026 (or such later date approved at a duly called general meeting) or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination activity, subject to applicable law. |

In connection with the Business Combination, the funds deposited in the Trust Account will be released to pay holders of Public Shares who properly exercise their redemption rights; to pay transaction fees and expenses associated with the Business Combination; and for working capital and general corporate purposes of Domesticated GigCapital7 following the Business Combination. See the section of this proxy statement/prospectus entitled “ Summary of the Proxy Statement/Prospectus—Sources and Uses of Funds for the Business Combination”.

| Q. | Did the GigCapital7 Board obtain a third-party valuation or fairness opinion in determining whether or not to proceed with the Business Combination? |

| A. | The GigCapital7 Board did not obtain a third-party valuation or fairness opinion in connection with the determination to approve the Business Combination. The GigCapital7 Board believes that based upon the financial skills and background of its directors, it was qualified to conclude that the Business Combination was in the best interest of GigCapital7 and its shareholders. For more information, see “The Business Combination Proposal—Background of the Business Combination”. |

The