GigCapital7 Corp Prices 20M Unit IPO at $10/Unit Via Investing.com

GigCapital7 Corp. (GIGGU) (the “Company”), a Cayman Islands exempt company, announced today that it has priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“NASDAQ”) and trade under the symbol “GIGGU” beginning on August 29, 2024. Each unit consists of one (1) Class A common share and one (1) refundable mandate. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on NASDAQ under the symbols “GIG” and “GIGGW,” respectively.

Craft Capital Management LLC is acting as joint book-running manager with EF Hutton LLC in the offering. The underwriters have been granted a 45-day option to purchase up to 3,000,000 additional units offered by the Company to cover over-allotments, if any. The offering is expected to close on August 30, 2024, subject to customary closing conditions.

A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission on August 28, 2024. The offering is being made by means of a prospectus only. Copies of the prospectus may be obtained, when available, from EF Hutton LLC, Attn: Syndicate Department, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 404-7002, by fax at ( 646) 861-4697, or by email at [email protected]. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

This press release will not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.