GigCapital7 Corp.

General Information
Business:

We intend to focus on companies in the technology, media, and telecommunications (“TMT”), artificial intelligence and machine learning (“AI/ML”), cybersecurity, medical technology and medical equipment (“MedTech”), semiconductors and sustainable industries. (Incorporated in the Cayman Islands)

Avi Katz, a serial SPAC entrepreneur, is our CEO and chairman. He is the co-founder and former CEO of GigPeak, a semiconductor company.

(Note: GigCapital7 cut the size of its SPAC IPO at pricing to 20.0 million units – down from 25.0 million units in the prospectus – and kept the IPO price at $10.00 per unit – to raise $200.0 million on Wednesday night, Aug. 28, 2024. Each unit consists of one Class A ordinary share and one redeemable warrant.)

(Note: GigCapital7 filed an S-1/A dated Aug. 14, 2024, in which it named Craft Capital Management and EF Hutton as its joint book-runners to replace Kingswood, its sole book-runner. Background: GigCapital7 changed the terms of its unit in an S-1/A filing dated  Aug. 5, 2024: Each unit now consists of one share of common stock and one redeemable warrant. Background: GigCapital7 changed its sole book-runner to Kingswood Capital Partners – from EF Hutton – according to an S-1/A filing dated Aug. 5, 2024. Background: GigCapital7 changed its sole book-runner to EF Hutton from Spartan Capital Securities, according to an S-1/A filing dated July 10, 2024.)

(Background: GigCapital7 filed its S-1 for its SPAC IPO on June 7, 2024, and disclosed the terms: 25.0 million units at $10.00 each to raise $250.0 million. Each unit consists of one share of common stock and three-quarters of a warrant.) 

Industry: BLANK CHECKS
Employees: 0
Founded: 2024
Contact Information
Address 1731 Embarcadero Rd., Suite 200 Palo Alto, CA 94303
Phone Number (650) 276-7040
Web Address
View Prospectus: GigCapital7 Corp.
Financial Information
Market Cap $333.3mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol GIGGU
Exchange NASDAQ
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers Craft Capital Management/ EF Hutton
CO-Managers
Expected To Trade: 8/29/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change