Harneys advises GigCapital9 on US$253 million IPO

The IPO comprised 22 million units, priced at US$10.00 per unit, including the full exercise of the underwriters’ over-allotment option. Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share.

Harneys’ strategic alliance partner, Harneys Fiduciary – an Ascentium company, provides Cayman Islands fiduciary services to GigCapital9.

Led by Chief Executive Officer and Executive Chairman, Dr. Avi Katz, Founding Managing Member of GigCapital Global, and being the ninth Private-to-Public Equity (PPE)™ of GigCapital Global (also known as a special purpose acquisition company, or SPAC), the Company has a duration of 24 months to identify and deSPAC a technology, media and telecommunications (TMT) company, predominantly focusing on the aerospace and defense (A&D) sector.

Harneys previously advised on the public listing of GigCapital7 Corp. and GigCapital8 Corp. and is advising on GigCapital7’s proposed US$1.2 billion business combination with Hadron Energy, Inc.

The Corporate team at Harneys has a leading Equity Capital Markets practice with substantial experience in all aspects of capital raising by offshore companies, including IPOs and secondary offerings, rights issues, equity linked securities, including convertible and exchangeable bonds, SPACs, and business combinations, as well as private placements, take-privates, takeovers, and spin-offs. The firm’s ECM expertise lies in advising entities listed or listing on all major stock exchanges, including the New York Stock Exchange, NASDAQ, the London Stock Exchange, AIM, the Hong Kong Stock Exchange, the Shanghai Stock Exchange, and the Luxembourg Stock Exchange.