GigCapital8 Corp. has completed its initial public offering, raising $253 million through the sale of 25,300,000 units at $10.00 per unit. The offering included the full exercise of the underwriters' over-allotment option for 3,300,000 additional units. Each unit consists of one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon completion of an initial business combination. The company's units began trading on the Nasdaq Capital Market on October 6, 2025, under the symbol GIWWU.
Led by CEO and Chairman Dr. Avi Katz, GigCapital8 operates as a Private-to-Public Equity vehicle, commonly known as a special purpose acquisition company, with plans to identify and complete a business combination within 24 months. The company's investment strategy focuses on high-technology sectors including aerospace and defense, cybersecurity, secured communications, quantum command and control systems, and artificial intelligence. This strategic focus aligns with increasing global investment in these critical technology domains where private companies often seek public market capital to accelerate growth and innovation.
The successful IPO demonstrates continued investor interest in SPAC vehicles targeting innovative technology companies seeking public market access through alternative pathways. D. Boral Capital LLC served as sole lead book-running manager for the offering, while DLA Piper LLP and Ellenoff Grossman & Schole LLP provided legal counsel to the company and underwriter respectively. The $253 million capital raise provides GigCapital8 with substantial resources to pursue acquisition targets in rapidly evolving technology sectors.
GigCapital8 employs what it describes as a Mentor-Investor methodology, aiming to partner with innovative companies possessing exceptional leadership to create industry-leading partnerships. The company is the eighth Private-to-Public Equity vehicle of GigCapital Global, building on the group's established track record in facilitating public market transitions for technology-focused enterprises. Additional information about the company's approach and methodology is available through their corporate website at https://www.gigcapitalglobal.com/. The company's focus on defense technology, cybersecurity, and artificial intelligence positions the SPAC to capitalize on emerging opportunities in strategic technology areas that are receiving increased global attention and investment.
