Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 396

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 396
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 GigCapital7 Securities”.

| 4. | Possible Constructive Distributions |

Consistent with the Public Warrants, the terms of each Domesticated GigCapital7 Warrant provide for an adjustment to the number of shares of Domesticated GigCapital7 Common Stock for which the Domesticated GigCapital7 Warrant may be exercised or to the exercise price of the Domesticated GigCapital7 Warrant in certain events. An adjustment which has the effect of preventing dilution generally is not taxable. A U.S. Holder of the Domesticated GigCapital7 Warrants would, however, be treated as receiving a constructive distribution from Domesticated GigCapital7 if, for example, the adjustment increases the U.S. Holder’s proportionate interest in Domesticated GigCapital7’s assets or earnings and profits (for example, through an increase in the number of shares of Domesticated GigCapital7 Common Stock that would be obtained upon exercise or through a decrease in the exercise price of the Domesticated GigCapital7 Warrant), which adjustment may be made as a result of a distribution of cash or other property, such as other securities, to the holders of shares of Domesticated GigCapital7 stock, or as a result of the issuance of a stock dividend to holders of shares of Domesticated GigCapital7 stock, in each case, which is taxable to the holders of such shares as a distribution. Such constructive 211

distribution would be subject to tax as described above under the section entitled “ —1. Taxation of Distributions” in the same manner as if the U.S. Holders of the Domesticated GigCapital7 Warrants received a cash distribution from Domesticated GigCapital7 equal to the fair market value of such increased interest.

| E. | Information Reporting and Backup Withholding |

Payments of distributions on and the proceeds from a sale or other disposition of Domesticated GigCapital7 Securities will be subject to information reporting to the IRS and U.S. backup withholding on such payments may be possible. Backup withholding will not apply, however, to a U.S. Holder who furnishes a correct taxpayer identification number and makes other required certifications, or who is otherwise exempt from backup withholding and establishes such exempt status. Backup withholding is not an additional tax. Amounts withheld as backup withholding may be credited against a U.S. Holder’s U.S. federal income tax liability, and the U.S. Holder generally may obtain a refund of any excess amounts withheld under the backup withholding rules by timely filing the appropriate claim for refund with the IRS and furnishing any required information