GigCapital8 Corp. Completes $253 Million IPO, Targeting 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, demonstrating strong market interest in the special purpose acquisition company. 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 using what the company describes as a Mentor-Investor methodology. This approach aims to partner with high-technology differentiating companies to facilitate their transition to public markets through business combinations.

GigCapital8 has established a 24-month timeframe to identify and complete a business combination, with specific focus on opportunities in aerospace and defense, cybersecurity, secured communications, quantum command and control systems, and artificial intelligence. These sectors represent some of the most rapidly evolving and strategically important areas in the global technology landscape, with significant growth potential and increasing demand for innovative solutions.

The successful $253 million capital raise provides GigCapital8 with substantial resources to pursue acquisition targets in these specialized technology domains. The company's focus on partnering with innovative companies with exceptional leadership aligns with growing investor interest in next-generation technologies that address critical security and communication challenges. The Private-to-Public Equity and Mentor-Investor methodologies are trademarks of GigManagement, LLC, an affiliate entity of GigCapital Global, as detailed on their website at https://www.gigcapitalglobal.com/.

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. The full exercise of the over-allotment option indicates robust investor confidence in GigCapital8's strategy and leadership team, potentially signaling market optimism about the company's ability to identify and execute a successful business combination in the targeted technology sectors.

The completion of this IPO comes at a time when special purpose acquisition companies continue to play a significant role in providing private companies with alternative pathways to public markets. GigCapital8's specific focus on defense, cybersecurity, and artificial intelligence technologies reflects broader market trends toward investments in national security and technological sovereignty. The company's approach could potentially accelerate innovation in these critical sectors by providing capital and public market access to promising private companies that might otherwise face longer timelines to traditional IPOs.