GigCapital, Inc. Confirms Receipt of Sponsor and Founder Funds to Extend Period of Time to Consummate Business Combination
08 Marzo 2019 - 3:10PM
Business Wire
GigCapital, Inc., (NYSE: GIG, GIG.U, GIG.RT, and GIG.WS)
(“GigCapital”) a Technology, Media and Telecom (TMT)
Private-to-Public Equity (PPE)™ corporation, today announced that
the GigCapital Sponsor and Founders collectively have deposited
into the GigCapital trust account (the “Trust Account”) an
aggregate of $1,437,500.00, representing $0.10 per public share. As
a result of the deposit into the Trust Account, the period of time
that GigCapital has to complete the previously announced proposed
transaction with Kaleyra S.p.A. has been extended by three months
until June 12, 2019.
About GigCapital, Inc.
GigCapital, Inc. (NYSE: GIG, GIG.U, GIG.RT, and GIG.WS), is a
Private-to-Public Equity (PPE)™ company, (also known as a
Blank-Check or Special Purpose Acquisition Company (“SPAC”)),
sponsored by GigAcquisitions, LLC, and sole-managed by GigFounders,
LLC (www.gigfoundersglobal.com). All were founded in 2017 by Dr.
Avi Katz. The GigCapital Group companies are led by an affiliated
team of technology industry experts, deploying a unique
Mentor-Investors™ methodology to partner with exceptional
privately-held and non-U.S. public technology companies of
dedicated solid entrepreneurs. The GigCapital Group companies offer
financial, operational and executive mentoring to U.S. and global
private, and non-U.S. public companies, in order to accelerate
their path from inception and as a privately-held entity into the
growth-stage as a publicly traded company in the U.S. The
partnership of the GigCapital Group with these companies continues
through an organic and roll-up strategy growth post the transition
to a public company. For more information, visit
www.gigcapitalglobal.com.
“Private-to-Public Equity (PPE)” and “Mentor-Investor” are
trademarks of GigFounders, LLC, used pursuant to agreement.
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version on businesswire.com: https://www.businesswire.com/news/home/20190308005002/en/
GigCapital:Darrow Associates, Inc.Jim Fanucchi+1 (408)
404-5400ir@gigcapitalglobal.com
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