GIGGU

GigCapital7 Corp. units are securities that consist of one share of common stock and a fraction of a warrant to purchase additional common stock. These units were sold in the company's initial public offering and may be separated into their component parts after a specified period. Unit holders receive both equity ownership in the SPAC and the potential upside from warrants that become valuable if the stock price appreciates above the warrant exercise price. Units provide investors with a packaged investment vehicle during the SPAC's search for a merger target.