GigInternational1, the latest SPAC from Dr. Avi Katz, today registered with the SEC to offer 20 million units at $10 each.
A unit consists of one share of common stock and one-third of one redeemable warrant, with whole warrants exercisable at $11.50.
GigInternational1 intends to to target companies around the world focused on the TMT, A&D, mobility, and semiconductor industries.
This is the seventh SPAC from Katz’s GigCapital Global. The previous six have all either completed or are engaged in pending acquisitions.
The SPAC intends to apply for a Nasdaq listing under GIWWU. Read more.
