Stock Markets January 26, 2026

GigCapital9 Prices $220 Million SPAC Offering, Eyes Tech Partner for Business Combination

Units to trade on Nasdaq Global Market as GIXXU, separate shares and rights to follow under GIX and GIXXR

By Nina Shah
GigCapital9 Prices $220 Million SPAC Offering, Eyes Tech Partner for Business Combination

GigCapital9 Corp. priced 22 million units at $10 apiece, raising $220 million in a special purpose acquisition company offering. Units are expected to begin trading on the Nasdaq Global Market under the ticker GIXXU on January 27, 2026, with separate trading of Class A shares and rights anticipated under GIX and GIXXR once split. D. Boral Capital LLC is the sole book-running manager and underwriters hold a 45-day over-allotment option for up to 3.3 million additional units. The offering is slated to close January 28, 2026, subject to customary conditions, after the SEC declared the registration effective on January 23, 2026.

Key Points

  • GigCapital9 priced 22 million units at $10 each, raising $220 million.
  • Units are expected to begin trading on the Nasdaq Global Market as GIXXU on January 27, 2026, with expected separate trading of Class A shares and rights under GIX and GIXXR.
  • D. Boral Capital LLC is the sole book-running manager; underwriters have a 45-day option to buy up to 3.3 million additional units for over-allotments.

GigCapital9 Corp. has completed pricing for its initial public offering, selling 22 million units at $10 per unit and raising $220 million. The special purpose acquisition company said its units are expected to begin trading on the Nasdaq Global Market under the ticker symbol "GIXXU" on January 27, 2026.

Each unit issued in the offering comprises one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share. The company said that when the constituent securities begin trading separately, the Class A ordinary shares are expected to trade under the symbol "GIX," while the rights are expected to trade under "GIXXR."

D. Boral Capital LLC is serving as the sole book-running manager for the transaction. In keeping with common market practice for equity offerings, the underwriters have a 45-day option to purchase up to an additional 3.3 million units to cover any over-allotments that may arise.

The offering is expected to close on January 28, 2026, subject to customary closing conditions outlined in the offering documents. The Securities and Exchange Commission declared the registration statement effective on January 23, 2026, clearing the way for the planned trading start.

GigCapital9 is identified as the ninth special purpose acquisition company launched by GigCapital Global and is incorporated in the Cayman Islands. According to a company press release, GigCapital9 intends to seek a business combination with a technology company, with the objective of helping that company access public markets through a merger or similar transaction.

The structure of the offering - units composed of shares plus fractional rights, a sole book-run manager, and a standard over-allotment option - was laid out in the public filing and press materials. The timetable set by the company includes the January 27, 2026 commencement of unit trading and an expected closing a day later, contingent on customary closing requirements being met.


Context and next steps

With the registration declared effective and the pricing completed, GigCapital9 moves into the period when market trading begins and the mechanics of any later separation of unit components take effect. The company has publicly stated its strategic focus on identifying a technology-sector partner to pursue a de-SPAC business combination.

Risks

  • The offering's closing is subject to customary closing conditions, creating potential timing and execution risk for the transaction - this impacts capital markets and investment banking activity.
  • Future progress depends on identifying and completing a business combination with a technology company, which carries the usual transaction and integration uncertainties for technology and capital markets stakeholders.

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