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GigCapital5 Buys 1-Month Deadline Extension for $160K

September 27, 2022
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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.

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