Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 70

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 70
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 the close of business on the Record Date for the extraordinary general meeting, there were 33,333,333 GigCapital7 Ordinary Shares issued and outstanding, of which 20,000,000 were issued and outstanding Public Shares. |

| Q. | What constitutes a quorum? |

| A. | A quorum of GigCapital7 shareholders is necessary to hold a valid meeting. A quorum will be present at the extraordinary general meeting if the holders of one-third of the issued and outstanding GigCapital7 Ordinary Shares entitled to vote at the extraordinary general meeting are represented in person or by proxy. As of the Record Date for the extraordinary general meeting, 11,111,111 GigCapital7 Ordinary Shares would be required to achieve a quorum. |

| Q. | What vote is required to approve each proposal at the extraordinary general meeting? |

| A. | Business Combination Proposal—The approval of the Business Combination Proposal requires an ordinary resolution under the Companies Act, being the affirmative vote of the holders of a majority of the GigCapital7 Ordinary Shares, who, being present in person or by proxy and entitled to vote at the extraordinary general meeting, vote at the extraordinary general meeting. As of the Record Date, the Sponsor owned approximately 30.32% of the issued and outstanding GigCapital7 Ordinary Shares. As a result, GigCapital7 would need only 6,559,422, or approximately 32.80% of the Public Shares not held by affiliates, to be voted in favor of the Business Combination in order to approve the Business Combination Proposal (assuming all outstanding shares are voted). The Business Combination was not structured to require the approval of at least a majority of GigCapital7’s unaffiliated shareholders because such a vote is not required under Cayman Islands law. |

Domestication Proposal—The approval of the Domestication Proposal requires a special resolution under the Companies Act, being the affirmative vote of holders of at least 66 2⁄ 3% of the GigCapital7 Class B Ordinary Shares, who, being present in person or by proxy and entitled to vote at the extraordinary general meeting, vote at the extraordinary general meeting. The holders of GigCapital7 Class A Ordinary Shares will have no right to vote on the Domestication Proposal, in accordance with Article 44.2 of the Cayman Constitutional Documents. In connection with GigCapital7’s IPO, GigCapital7 entered into agreements with its officers and directors, and the Sponsor, pursuant to which each agreed to vote their GigCapital7 Ordinary Shares