GIGGW

GigCapital7 Corp. warrants are derivative securities that entitle holders to purchase shares of GigCapital7 common stock at a predetermined exercise price, typically $11.50 per share. These warrants were issued as part of the SPAC's initial public offering and unit structure, trading separately after the separation period. Warrant holders participate in potential stock appreciation while limiting downside risk to the warrant purchase price, as warrants can expire worthless if not exercised. The warrants typically have a five-year exercise period from the completion of a business combination or specified trigger events.