GigCapital7 IPO – DLA Advise
DLA Piper recently provided legal counsel to GigCapital7, a blank check company incorporated in the Cayman Islands, during the successful completion of its initial public offering, which raised US$200 million by issuing 20 million units priced at US$10 each. These units are set to be listed on NASDAQ and will trade under the ticker symbol “GIGGU.”
“GigCapital7 Global is proud to be a long-term partner with Jeff Selman and the DLA Piper team. Their deep knowledge and consummate professionalism were critical in closing this IPO, and we look forward to working with them for many years to come,” said Dr. Avi Katz, Founding Managing Partner of GigCapital7.
“It has been a pleasure to continually support GigCapital7 and have the opportunity to offer the full suite of our team’s capabilities and industry insights to help close this momentous IPO,” said Jeffrey Selman, chair of DLA Piper’s SPAC Transactional practice who led the firm’s deal team.
The DLA Piper team was led by partner Jeffrey Selman (San Francisco) and included partner Elena Nrtina (San Francisco) and associates Annie Letizia (Palo Alto) and Sara Hashem (San Francisco).
DLA Piper’s global capital markets team represents issuers and underwriters in registered and unregistered equity, equity-linked and debt capital markets transactions, including initial public offerings, follow-on equity offerings, equity-linked securities offerings, and offerings of investments grade and high-yield debt securities.
GigCapital7 offers continuous assistance during their rapidly expanding company’s shift to the public market and to establish a partnership lasting 3 to 5 years with the merged entity following the completion of the combination.