GigCapital3, Inc. (GIK) Prices 20M Unit IPO at $10/Unit

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GigCapital3, Inc. Announces Pricing of $200,000,000 Initial Public Offering

May 13, 2020 10:30 PM EDT

PALO ALTO, Calif.--(BUSINESS WIRE)-- GigCapital3, Inc. (NYSE: GIK.U) (the Company or GigCapital3) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock and three-quarters (3/4) of one redeemable warrant of the Company. Each whole warrant entitles the holder to purchase one share of common stock of the Company at a price of $11.50 per share. The units have been listed on the New York Stock Exchange (the NYSE) and are expected to trade under the ticker symbol GIK.U beginning today. Once the securities... More