IPO for SPAC GigCapital4 (GIGG) Opens at $10.18

Today's IPO for SPAC GigCapital4, Inc. (NASDAQ: GIGGU) (NASDAQ: GIGG) opened for trading at $10.18 after pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit

GigCapital4 is a Private-to-Public Equity (PPE)™ company, also known as a blank check company or special purpose acquisition company (SPAC), focusing on the technology, media and telecommunications (TMT) and sustainable industries. It was sponsored by GigAcquisitions4, LLC, which was founded by GigFounders, LLC, each a member entity of GigCapital Global, and formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses.

The Company intends to focus on opportunities to capitalize on the ability of its management team, particularly its executive officers, to identify, acquire and operate a business with enterprise valuations larger than $750 million in the TMT and sustainable industries. In particular, it intends to target TMT and sustainable industry companies anywhere in the world that embrace today’s digital transformation and experience as a competitive advantage.

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