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Stock impact report

GigCapital, Inc. Announces Closing of Public Offering of Common Stock

GIGCAPITAL INC UNITS (GIG.U) 
Company Research Source: Business Wire
PALO ALTO, Calif.--(BUSINESS WIRE)-- GigCapital, Inc. (the “Company”), a Delaware corporation that is an emerging-growth blank check company newly formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses, today announced the closing of its previously announced underwritten public offering of 12,500,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock, one right and three-fourths (3/4) of one warrant to purchase one share of common stock for an exercise price of $11.50 per whole share of common stock. Only whole warrants are exercisable. Each right entitles the holder thereof to receive one-tenth (1/10) of one share of common stock upon the consummation of the Company’s initial business combination. The units are listed on the Show less Read more
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