GigCapital4 (GIG) Arranges Two Forward Purchase / Backstop Arrangements

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GigCapital4 (GIG) Arranges Two Forward Purchase / Backstop Arrangements

Oct 15, 2021 INTEL by Kristi Marvin

GigCapital4 (NASDAQ:GIG) announced this morning that they have entered into a Forward Purchase Agreement (“FPA”) with Highbridge and Glazer Capital,  in an effort to secure their combination shareholder vote.  This arrangement is similar to the FPA/Backstop we saw earlier this week with Big Cypress (Nasdaq: BCYP), but with some additional terms. As part of the FPA,
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