Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 535

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 535
---
 effect any transfer, or make a public announcement of any intention to effect transfer of any Lock-up Securities Beneficially Owned or otherwise held by such Lock-Up Party, as defined in the Lock-up Agreement from the Closing until the date that is the earliest of (a) six (6) months following the Closing Date; (b) subsequent to the Closing, the date on which the reported closing price of one share of GigCapital7 Common Stock quoted on Nasdaq equals or exceeds eleven dollars and fifty cents ($11.50) per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like occurring after the Closing Date) for any twenty (20) Trading Days within any thirty (30) consecutive Trading Day period commencing at least ninety (90) days after the Closing Date; and (c) subsequent to the Closing, the date on which GigCapital7 completes a liquidation, merger, stock exchange or other similar transaction that results in all of GigCapital7’s stockholders having the right to exchange their GigCapital7 securities for cash, securities or other property.

Domesticated GigCapital7 Preferred Stock

The Proposed Post-Closing Certificate of Incorporation will authorize up to 10,000,000 shares of Domesticated GigCapital7 Preferred Stock to be issued from time to time in one or more series, as determined by Domesticated GigCapital7 Board. Unless required by law or any stock exchange, the authorized shares of Domesticated GigCapital7 Preferred Stock will be available for issuance without further action by the holders of Domesticated GigCapital7 Common Stock. No shares of Domesticated GigCapital7 Preferred Stock will be issued or outstanding immediately after the completion of the Business Combination.

The Domesticated GigCapital7 Board has the discretion to determine the powers, preferences and relative, participating, optional and other special rights, including voting rights, dividend rights, conversion rights, redemption privileges and liquidation preferences, of each series of Domesticated GigCapital7 Preferred Stock. The issuance of Domesticated GigCapital7 Preferred Stock may have the effect of delaying, deferring or preventing a change in control of Domesticated GigCapital7 without further action by the stockholders. Additionally, the issuance of Domesticated GigCapital7 Preferred Stock may adversely affect the holders of the Domesticated GigCapital7 Common Stock by restricting dividends on the Domesticated GigCapital7 Common Stock, diluting the voting power of the Domesticated GigCapital7 Common Stock or subordinating the liquidation rights of the Domesticated GigCapital7 Common Stock