---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-037716"
form_type: "8-K"
ticker: "GIG"
cik: "0002023730"
company_name: "GigCapital7 Corp."
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T05:05:41.311932+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GigCapital7 issues $148K convertible promissory note to sponsor for working capital

## Summary
- Note is $148,000, unsecured, bears no interest, due at initial business combination or winding up.
- Convertible at sponsor's election into units at $10.00 per unit; full conversion yields 14,800 units.
- Units upon conversion are identical to private placement units from IPO, each with one Class A share and one warrant.
- Issued to GigAcquisitions7 Corp. (Sponsor) under Section 4(a)(2) exemption; no general solicitation.
- Sponsor waives any claim against trust account; proceeds repayable from trust upon business combination.

## SEC filing metadata
- accession: 0001193125-26-037716
- form_type: 8-K
- ticker: GIG
- cik: 0002023730
- company_name: GigCapital7 Corp.
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2023730/000119312526037716/0001193125-26-037716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2023730/000119312526037716/d848254d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-037716
- JSON: https://secwatch.observer/filing/0001193125-26-037716.json
- Plain text: https://secwatch.observer/filing/0001193125-26-037716.txt

## Source-grounded claims
- claim_id: 5205afa45ccc8e8584ef9494d48cc64e4b6f402d
  claim: GigCapital7 Corp. incurred convertible notes of $148,000.00 with GigAcquisitions7 Corp. at no interest maturing upon the consummation of a business combination.
  evidence_excerpt: On January 30, 2026, GigCapital7 Corp., a Cayman Islands exempted company (the "Company"), issued an unsecured convertible promissory note (the "Working Capital Note") in the principal amount of $148,000.00 to GigAcquisitions7 Corp., a Cayman Islands exempted company (the "Sponsor").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2023730/000119312526037716/0001193125-26-037716-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.