GigCapital2 GIX · USD

On January 28, 2026, we consummated an initial public offering (“Offering”) of 25,300,000 units (the “public units”), including the issuance of 3,300,000 public units as a result of the underwriters’ exercise in full of their over-allotment option. Each public unit consists of one Class A ordinary share of the Company (each a “public share”), and one right to receive one-fifth of one Class A ordinary share upon the consummation of an initial business combination (a “public right”). The public units were sold at a price of $10.00 per unit, generating gross proceeds to the Company of $253,000,000.

Simultaneously with the closing of the Offering, our Sponsor, GigAcquisitions9 Corp., which is owned by two of our directors, Dr. Avi S. Katz and Dr. Raluca Dinu, together with six GigCapital Global advisors, including three of whom are our directors, Bryan Timm, Raanan Horowitz and Luis Machuca, plus Zeev Weiner, Karen Rogge and Peter Wang, and non-affiliated Lynrock Lake Master Fund LP (“Lynrock”) subscribed pursuant to unit purchase agreements (collectively, the “Unit Purchase Agreements”) to purchase an aggregate of 107,500 private placement units, at a price of $9.7374 per unit, for an aggregate purchase price of $1,046,771. Each unit sold in this private placement consisted of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon the consummation of an initial business combination. The private placement units are identical to the public units sold in the Offering, subject to certain limited exceptions.

Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗