- SPACs
- GigCapital, Inc.
GigCapital, Inc.
Completed 2019-11-25- CIK 1719489
- GIG
- Now KLR
- IPO 2017-12-11
- $40.8M trust
- 562 filings
Successfully merged with Kaleyra S.p.A. • Now trading as KLR
- IPO Size
- $144M
- raised at the IPO
- Trust
- $40.8M
- as of 2019-11-24
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2017
- year it listed
Filings, by quarter
562 filings over 26 quarters; violet bars carry a milestone
- 17 Q4: 25 filings
- 18 Q1: 6 filings
- 18 Q2: 3 filings
- 18 Q3: 3 filings
- 18 Q4: 1 filing
- 19 Q1: 15 filings
- 19 Q2: 12 filings
- 19 Q3: 39 filings
- 19 Q4: 94 filings
- 20 Q1: 20 filings
- 20 Q2: 30 filings
- 20 Q3: 12 filings
- 20 Q4: 15 filings
- 21 Q1: 43 filings
- 21 Q2: 28 filings
- 21 Q3: 26 filings
- 21 Q4: 19 filings
- 22 Q1: 22 filings
- 22 Q2: 25 filings
- 22 Q3: 12 filings
- 22 Q4: 14 filings
- 23 Q1: 24 filings
- 23 Q2: 30 filings
- 23 Q3: 15 filings
- 23 Q4: 28 filings
- 24 Q1: 1 filing
- S-1 filed 17 Q4
- IPO 17 Q4
- Definitive agreement 19 Q1
- Completed 19 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2017-10-13 Filed S1
- IPO2017-12-11 IPO, search begins
- Definitive Agreement2019-02-22 Agreement for merger
- Completed2019-11-25 Merger Completed
About
GigCapital, Inc. is a blank-check company formed to effect an initial business combination. It intends to focus on established businesses in the technology, media and telecommunications industries, particularly private companies that could benefit from a public listing and access to capital.
Investment Focus
Technology, Media, Telecommunications
Geographic Focus
North America
Key Information
As the filings state it
- IPO Date
- 2017-12-11
- Total Redemptions
- $70.2M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2019-11-25
- Merger Target
- Kaleyra S.p.A.
- SPAC Ticker
- GIG
- Merged Ticker
- KLR
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The sponsor, GigAcquisitions, LLC, is founded and managed by Avi S. Katz. Katz has nearly 30 years of international TMT executive experience and led GigPeak through ten M&A deals before its 2017 sale; the combined team describes extensive operating, investment, transaction and industry-network experience.