GigCapital8 Corp. Closes $253 Million IPO, Targets High-Tech Business Combination

GigCapital8 Corp. (NASDAQ: GIWWU) 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 (SPAC). The company has established a 24-month timeframe to identify and complete a business combination with a target company in high-technology sectors.

GigCapital8's investment strategy focuses on several critical technology domains, including aerospace and defense, cybersecurity, secured communications, quantum command and control systems, and artificial intelligence. These sectors represent areas of significant growth potential and strategic importance in the current global technology landscape. The company's approach incorporates what it describes as a Mentor-Investor methodology, aiming to partner with innovative companies possessing exceptional leadership teams.

The successful $253 million capital raise provides GigCapital8 with substantial resources to pursue acquisition opportunities in these specialized technology fields. D. Boral Capital LLC served as the sole lead book-running manager for the offering, while DLA Piper LLP (US) and Ellenoff Grossman & Schole LLP provided legal counsel to the company and underwriter respectively. For additional details about the offering, investors can review the full press release available at https://ibn.fm/rwmb5.

This capital infusion comes at a time when investment in advanced technologies, particularly in defense and cybersecurity, continues to gain importance globally. The company's focus on quantum command and control systems and artificial intelligence aligns with increasing government and private sector interest in these emerging technologies. More information about GigCapital Global's broader operations and methodology can be found at https://www.gigcapitalglobal.com/.

The timing of this offering and the company's targeted sectors suggest confidence in the continued growth of defense technology and advanced computing markets. As geopolitical tensions and cybersecurity threats persist worldwide, companies specializing in these areas may see increased demand for their products and services. GigCapital8's successful capital raise demonstrates investor appetite for exposure to these high-growth technology sectors through the SPAC structure.