secwatch.observer — SEC 8-K summary
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Issuer:     GigCapital7 Corp. (GIG)
CIK:        0002023730
Form:       8-K
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0001193125-26-037716
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2023730/000119312526037716/0001193125-26-037716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2023730/000119312526037716/d848254d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-037716

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