GigCapital9 Corp. has completed its initial public offering, raising $253 million through the sale of 25.3 million units at $10.00 per unit. The offering included the full exercise of the underwriters' over-allotment option, demonstrating strong investor interest in the special purpose acquisition company's strategy. The units began trading on the Nasdaq Global Market on January 27, 2026, under the ticker symbol GIXXU.
Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of an initial business combination. The company now has 24 months to identify and complete a business combination, with a specific focus on aerospace and defense services and the technology, media and telecommunications sector. This targeted approach includes cybersecurity, secure communications, quantum-based command and control, and artificial intelligence and machine learning companies.
Led by Chief Executive Officer and Chairman Dr. Avi Katz, GigCapital9 operates as a Private-to-Public Equity vehicle, employing what the company calls a Mentor-Investor methodology. This approach aims to partner with high-technology differentiating companies to forge successful paths to public markets through business combinations. The company seeks to create industry-leading partnerships with innovative companies led by exceptional management teams.
The successful IPO provides GigCapital9 with substantial capital to pursue acquisition targets in sectors experiencing significant growth and technological transformation. The aerospace and defense sectors continue to evolve with increasing emphasis on cybersecurity and advanced communications technologies, while the broader technology sector sees rapid advancement in artificial intelligence and machine learning applications. For more information about GigCapital Global, visit https://www.gigcapitalglobal.com/.
D. Boral Capital LLC served as sole lead book-running manager for the offering. The Private-to-Public Equity and Mentor-Investor methodologies are trademarks of GigManagement, LLC, a member entity of GigCapital Global and affiliate of GigCapital9 Corp., used pursuant to agreement. The company's successful fundraising comes at a time when special purpose acquisition companies continue to play significant roles in bringing private companies to public markets, particularly in technology-focused sectors where traditional IPO processes may present challenges for emerging companies with innovative but complex business models.
