GigCapital7 Corp. Files S-1/A Amendment
Ticker: GIGGW · Form: S-1/A · Filed: Aug 26, 2024 · CIK: 2023730
Sentiment: neutral
Topics: spac, registration, sec-filing
TL;DR
SPAC GigCapital7 Corp. filed an S-1/A amendment, moving forward with its registration.
AI Summary
GigCapital7 Corp. filed an S-1/A amendment on August 26, 2024, for its registration statement (No. 333-280015). The company, incorporated in the Cayman Islands, is a blank check company (SIC code 6770) with its principal executive offices located at 1731 Embarcadero Rd., Suite 200, Palo Alto, CA 94303. Dr. Avi S. Katz is the Chairman and CEO.
Why It Matters
This filing indicates GigCapital7 Corp. is continuing its process as a special purpose acquisition company (SPAC), potentially leading to a future business combination and public listing for an acquired entity.
Risk Assessment
Risk Level: medium — As a blank check company, GigCapital7 Corp. has no operating history or revenue, and its success depends entirely on identifying and completing a business combination.
Key Numbers
- 333-280015 — SEC Registration Number (Identifies this specific SEC filing and registration process.)
- 6770 — SIC Code (Classifies GigCapital7 Corp. as a 'Blank Checks' company, indicating its nature as a SPAC.)
Key Players & Entities
- GigCapital7 Corp. (company) — Registrant
- August 26, 2024 (date) — Filing date of S-1/A amendment
- 333-280015 (registration_number) — SEC registration number
- Cayman Islands (jurisdiction) — State of incorporation
- 6770 (sic_code) — Standard Industrial Classification for Blank Checks
- 1731 Embarcadero Rd., Suite 200, Palo Alto, CA 94303 (address) — Principal executive offices
- Dr. Avi S. Katz (person) — Chairman and Chief Executive Officer
- Jeffrey C. Selman, Esq. (person) — Legal counsel
- Elena Nrtina, Esq. (person) — Legal counsel
- DLA Piper LLP (US) (company) — Legal counsel
FAQ
What is the purpose of this S-1/A filing?
This is an amendment to the registration statement on Form S-1, indicating GigCapital7 Corp. is providing updated information or making changes to its initial filing as it proceeds with its registration process.
Who is the principal executive officer of GigCapital7 Corp.?
Dr. Avi S. Katz serves as the Chairman and Chief Executive Officer of GigCapital7 Corp.
Where are GigCapital7 Corp.'s principal executive offices located?
The principal executive offices of GigCapital7 Corp. are located at 1731 Embarcadero Rd., Suite 200, Palo Alto, CA 94303.
What is the Standard Industrial Classification (SIC) code for GigCapital7 Corp.?
The SIC code for GigCapital7 Corp. is 6770, which corresponds to 'Blank Checks'.
When was this amendment filed with the SEC?
This amendment (Amendment No. 5) was filed with the U.S. Securities and Exchange Commission on August 26, 2024.
Filing Stats: 2,622 words · 10 min read · ~9 pages · Grade level 13.3 · Accepted 2024-08-26 14:01:03
Key Financial Figures
- $0.0001 — founder share, for a purchase price of $0.0001. Subsequently on May 31, 2024, our Spon
- $100,000 — m us for an aggregate purchase price of $100,000, or $0.00588235 per share, of which up
- $0.00588235 — ggregate purchase price of $100,000, or $0.00588235 per share, of which up to 2,500,000 fou
- $0.01 — this offering for a purchase price of $0.01 per share, or an aggregate purchase pri
- $3,000 — hare, or an aggregate purchase price of $3,000. On July 29, 2024, our Sponsor surrende
- $0.01561 — 3,719,000 private placement warrants at $0.01561 per warrant in a private placement that
- $1.15 — e 2,826,087 private placement shares at $1.15 per share in a private placement that w
Filing Documents
- d794575ds1a.htm (S-1/A) — 64KB
- d794575dex52.htm (EX-5.2) — 33KB
- g794575dsp194.jpg (GRAPHIC) — 5KB
- 0001193125-24-206962.txt ( ) — 104KB
Financial Statements . See page F-1 for an index to the financial
Financial Statements . See page F-1 for an index to the financial Item17. Undertakings. (a) The undersigned registrant hereby undertakes to provide to the underwriters at the closing specified in the underwriting agreements, certificates in such denominations and registered in such names as required by the underwriters to permit prompt delivery to each purchaser. (b) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. (c) The undersigned registrant hereby undertakes that: (1) For purposes of determining any liability under the Securities Act of 1933, the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration st
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Palo Alto, State of California, on the 26th of August, 2024. GIGCAPITAL7 CORP. By: /s/ Avi S Katz Name: Dr. Avi S. Katz Title: Chief Executive Officer and Chairman POWER OF ATTORNEY Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated. Name Position Date /s/ Avi S. Katz Dr. Avi S. Katz Chief Executive Officer and Chairman (Principal executive officer) August 26, 2024 * Christine M. Marshall Chief Financial Officer and Treasurer (Principal Financial and Accounting Officer) August 26, 2024 * Dr. Raluca Dinu Director August 26, 2024 * By: /s/ Dr. Avi S. Katz Dr. Avi S. Katz Attorney-in-fact II-5 AUTHORIZED REPRESENTATIVE OF THE REGISTRANT Pursuant to the requirement of the Securities Act of 1933, the undersigned has signed this registration statement, solely in his capacity as the duly authorized representative of GigCapital7 Corp. in the City of New York, New York, on August 22, 2024. By: /s/ Avi S. Katz Name: Avi S Katz Title: Authorized Representative II-6