GigCapital (GIG.U) Announces December 9th IPO

GigCapital (GIG.U) expects to raise $150 million in an IPO on Saturday, December 9th, IPO Scoop reports. The company will be issuing 15,000,000 shares at $10.00 per share.

The company has a market-cap of $192.9 million.

Cowen and Chardan served as the underwriters for the IPO.

GigCapital provided the following description of their company for its IPO: ”  We are a Delaware corporation formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or other similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Our management team has significant hands-on experience helping TMT companies optimize their existing and new growth initiatives by exploiting insights from rich data assets that already exist within most TMT companies.   “.

GigCapital was founded in 2017 and has 0 employees. The company is located at 3000 El Camino Real Building 4, Suite 232, Palo Alto, CA 94306, US and can be reached via phone at (650)352-7580.

What are top analysts saying about GigCapital? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for GigCapital and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit