GigCapital5 said it has deposited $160,000 into its trust account for a one-month extension period until Oct. 28.
In addition, the SPAC said it extended a working capital promissory note to its sponsor for $65,000. The promissory note is non-interest bearing.
Dr. Avi Katz’s SPAC raised $200 million in a September 2021 IPO. Read more.