Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 376

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 376
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7 Securities in a taxable transaction.

| II. | U.S. HOLDERS |

As used in this section, a “ U.S. Holder” is a beneficial owner of a GigCapital7 Security or a Domesticated GigCapital7 Security, as applicable, who or that is for U.S. federal income tax purposes:

| • |     | an individual who is a citizen or resident of the United States; |

| • |     | a corporation that is created or organized in or under the laws of the United States or any state thereof or the District of Columbia; |

| • |     | an estate whose income is subject to U.S. federal income tax regardless of its source; or |

| • |     | a trust if (1) a U.S. court can exercise primary supervision over the administration of such trust and one or more “United States persons” (within the meaning of Section 7701(a)(30) of the Code) have the authority to control all substantial decisions of the trust or (2) it has a valid election in place to be treated as a United States person. |

200

| A. | Tax Effects of the Domestication to U.S. Holders |

1. Generally Assuming the Domestication qualifies as an F Reorganization, U.S. Holders of GigCapital7 Securities generally are not expected to recognize gain or loss for U.S. federal income tax purposes in connection with the Domestication, except as provided below under the sections entitled “ —3. Effects of Section 367 to U.S. Holders of GigCapital7 Class A Ordinary Shares” and “ —5. PFIC Considerations”. Subject to the discussion below under the section entitled “ —5. PFIC Considerations”, if the Domestication fails to qualify as an F Reorganization, a U.S. Holder of GigCapital7 Securities generally would recognize gain or loss with respect to its GigCapital7 Securities in an amount equal to the difference, if any, between the fair market value of the corresponding Domesticated GigCapital7 Securities received in the Domestication and the U.S. Holder’s adjusted tax basis in its GigCapital7 Securities surrendered.

| 2. | Basis and Holding Period Considerations |

Assuming the Domestication qualifies as an F Reorganization, subject to the discussion below under the section entitled “ —5. PFIC Considerations”: (a) the tax basis of a share of Domesticated GigCapital7 Common Stock or a Domesticated GigCapital7 Warrant received by a U.S. Holder in