GigInternational1, Inc. (GIWWU) Prices $200M IPO


GigInternational1, Inc. (GIWWU) Prices $200M IPO

May 19, 2021 IPOs by Marlena Haddad

GigInternational1, Inc. (NASDAQ:GIWWU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GIWWU” Wednesday, May 19.

The new SPAC aims to combine with a TMT, A&D, mobility, or semiconductor company that will also be part of its “Mentor-Investor” program.  GigInternational1 is led by CEO, President, and Secretary Dr. Raluca Dinu and CFO Brad Weightman.

Total SPAC deal count for 2021 year-to-date is now 323. This offering is expected to close on Friday, May 21.

Oppenheimer & Co. and William Blair & Company LLC are acting as the joint book-running managers of the offering.  DLA Piper LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. BPM LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.