GigCapital9 Corp. Announces Closing of $253 Million Initial Public Offering
GigCapital9 Corp. (
NASDAQ: GIXXU) (the “Company” or “GigCapital9”), a Cayman Islands exempted company, and the 9th Private-to-Public Equity (PPE) ™ of GigCapital Global (also known as a special purpose acquisition company, or SPAC), announced today the closing of its initial public offering of 25,300,000 units at a price of $10.00 per unit, including an additional 3,300,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option, for gross proceeds of $253 million. Each unit consists of one Class A ordinary share and one right to receive one-fifth (1/5) of one Class A ordinary share. Each whole right entitles the holder to receive one Class A ordinary share upon the closing of the Company’s initial business combination.
