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GigInternational1, Inc.

CIK 0001848795

Cash in trust

$43.2M

$43,202,859

Trust per share

$10.10

Redemption value

IPO

May 2021

$205.0M raised

Combination deadline

Not disclosed

Filings on record

46

Latest Jan 25, 2023

Overview

GigInternational1, Inc. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001848795. It completed its initial public offering in May 2021, raising $205.0M in gross proceeds. The vehicle is sponsored by GigInternational1 through GigInternational1 Sponsor, LLC. The mandate targets technology, media & entertainment, transportation & logistics, aerospace & defense. Deadline lapsed without a deal; trust returned to public shareholders.

we intend to focus on companies in the technology, media, and telecommunications (“TMT”), aerospace and defense (“A&D”), mobility, and semiconductor industries.
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what GigInternational1, Inc. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Trust versus the $10 unit

    The trust holds $10.10 per public share, 1.0% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.

  • Underwriting

    Oppenheimer led the offering. It has been named on 13 SPAC IPOs, book-running 12 of them, and 9.1% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

SEC filing history

Free tier: filings older than 24 hours
  • SC 13G/A

    GIGINTERNATIONAL1, INC.

    Accession 0000902664-23-000643

    Jan 25, 2023

    3y ago

    Open filing
  • 25-NSE

    Notification of delisting

    Accession 0001354457-22-000781

    Dec 23, 2022

    3y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001564590-22-038109

    Nov 21, 2022

    3y ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001193125-22-289999

    Nov 21, 2022

    3y ago

    Open filing
  • NT 10-Q

    Late quarterly report notification

    Accession 0001193125-22-285280

    Nov 15, 2022

    3y ago

    Open filing
  • 425

    Business-combination communication

    Accession 0001193125-22-265724

    Oct 20, 2022

    3y ago

    Open filing
  • 8-K

    Other events

    Items 2.03, 8.01, 9.01 · Accession 0001193125-22-265722

    Oct 20, 2022

    3y ago

    Open filing
  • 8-K

    Other events

    Items 2.03, 8.01, 9.01 · Accession 0001193125-22-247158

    Sep 19, 2022

    4y ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001193125-22-233466

    Aug 30, 2022

    4y ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Submission of matters to a vote of security holders; Regulation FD disclosure

    Items 1.01, 2.03, 5.03, 5.07, 7.01, 9.01 · Accession 0001193125-22-225428

    Aug 19, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001564590-22-029508

    Aug 15, 2022

    4y ago

    Open filing
  • DEF 14A

    Definitive proxy statement

    Accession 0001193125-22-214214

    Aug 8, 2022

    4y ago

    Open filing
  • PRE 14A

    PRE 14A

    Accession 0001193125-22-206795

    Jul 29, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001564590-22-020401

    May 16, 2022

    4y ago

    Open filing
  • 10-K

    Annual report

    Accession 0001564590-22-013037

    Mar 31, 2022

    4y ago

    Open filing
  • SC 13G/A

    FORM SC 13G/A

    Accession 0001062993-22-003904

    Feb 14, 2022

    4y ago

    Open filing
  • SC 13G/A

    GIGINTERNATIONAL1, INC.

    Accession 0000902664-22-001249

    Feb 9, 2022

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001564590-21-057022

    Nov 15, 2021

    4y ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001564590-21-044657

    Aug 16, 2021

    5y ago

    Open filing
  • SC 13G

    GIGINTERNATIONAL1, INC.

    Accession 0000902664-21-003651

    Jul 26, 2021

    5y ago

    Open filing
  • 8-K

    Current report

    Item 5.02 · Accession 0001193125-21-217411

    Jul 16, 2021

    5y ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001193125-21-207140

    Jul 2, 2021

    5y ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Other events

    Items 1.01, 3.02, 8.01, 9.01 · Accession 0001193125-21-179862

    Jun 2, 2021

    5y ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001062993-21-005126

    May 28, 2021

    5y ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001193125-21-177098

    May 28, 2021

    5y ago

    Open filing
  • SC 13G

    Beneficial ownership report (passive)

    Accession 0001062993-21-005105

    May 28, 2021

    5y ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Other events

    Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001193125-21-169882

    May 24, 2021

    5y ago

    Open filing
  • 424B4

    Final IPO prospectus

    Accession 0001193125-21-167833

    May 20, 2021

    5y ago

    Open filing
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-21-001993

    May 19, 2021

    5y ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001062993-21-004846

    May 18, 2021

    5y ago

    Open filing

GigInternational1, Inc.: questions answered

What is GigInternational1, Inc.?

GigInternational1, Inc. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001848795. It completed its initial public offering in May 2021, raising $205.0M in gross proceeds. The vehicle is sponsored by GigInternational1 through GigInternational1 Sponsor, LLC. The mandate targets technology, media & entertainment, transportation & logistics, aerospace & defense. Deadline lapsed without a deal; trust returned to public shareholders.

How much does GigInternational1, Inc. hold in trust?

Approximately $43,202,859, or about $10.10 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must GigInternational1, Inc. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if GigInternational1, Inc. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in GigInternational1, Inc., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.10 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Is the trust value the same as the share price for GigInternational1, Inc.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do GigInternational1, Inc.'s founder shares and warrants create?

Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors GigInternational1, Inc., and what is their track record?

GigInternational1 Sponsor, LLC is the sponsor entity, part of the GigInternational1 franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Raluca Dinu.

Which banks underwrote the GigInternational1, Inc. IPO?

Oppenheimer, William Blair. Oppenheimer and William Blair were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is GigInternational1, Inc. a good investment?

That is not a question this site answers. GigInternational1, Inc. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this GigInternational1, Inc. data come from?

Filings GigInternational1, Inc. submitted to the SEC under CIK 0001848795: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 4, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.