GigCapital7 Corp. Unit (GIGGU) Stock Price, News & Analysis

Company Overview

GigCapital7 Corp. Unit (NASDAQ:GIGGU) is a special purpose acquisition company (SPAC) formed in Delaware in September 2021. Its units, each comprised of one share of Class A common stock and one-half of one redeemable warrant, began trading on the Nasdaq Capital Market in December 2021. As a blank check vehicle, GigCapital7 raised gross proceeds through its initial public offering to pursue a business combination with an established or emerging company.

The company’s primary focus is on identifying and merging with targets in the technology and technology-enabled sectors. Proceeds from the IPO are held in a trust account and are earmarked for use in a qualifying business combination, net of transaction expenses and underwriting fees. This structure provides investors with exposure to growth-oriented opportunities while mitigating traditional IPO execution risks.

Led by CEO Brandon Grotz, co-chairmen Peter Sacripanti and Michael Fay, and CFO Bob Duffy, GigCapital7’s leadership team brings deep experience in capital markets, private equity, and strategic advisory. The group has a track record of executing SPAC transactions and guiding companies through public listings, leveraging relationships across financial and industry networks.

Headquartered in Santa Monica, California, with additional presence in New York, GigCapital7 is targeting both domestic and cross-border transactions. The SPAC has a 24-month deadline from its IPO date to complete a business combination, ensuring disciplined and timely deployment of investor capital toward value-accretive merger opportunities.

Key Stats

• Today's Range: $10.55 to $10.55
• 50-Day Range: $10.14 to $11.54
• 52-Week Range: $9.93 to $11.11
• Volume: 100 shs
• Average Volume: 2,779 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GIGGU Stock Analysis - Frequently Asked Questions

How have GIGGU shares performed this year?

GigCapital7 Corp. Unit's stock was trading at $10.08 at the beginning of the year. Since then, GIGGU shares have increased by 0.6% and is now trading at $10.14.

When did GigCapital7 Corp. Unit IPO?

GigCapital7 Corp. Unit (GIGGU) raised $200 million in an initial public offering on Thursday, August 29th 2024. The company issued 20,000,000 shares at a price of $10.00 per share.

How do I buy shares of GigCapital7 Corp. Unit?

Shares of GIGGU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:GIGGU
• CIK: 2023730
• Web: N/A
• Phone: (650) 276-7040
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A