GigCapital9 Corp. has closed its initial public offering, raising $253 million through the sale of 25.3 million units at $10.00 per unit. The company's units began trading on the Nasdaq Global Market on Jan. 27, 2026, under the ticker symbol GIXXU. Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of an initial business combination.
The offering's significance lies in its size and strategic focus. With $253 million in capital, GigCapital9 now has substantial resources to identify and complete a business combination within 24 months. The company has specifically targeted aerospace and defense services along with the technology, media and telecommunications sector. This includes cybersecurity, secure communications, quantum-based command and control, and artificial intelligence and machine learning technologies.
Dr. Avi Katz, Chief Executive Officer and Chairman of GigCapital9, leads the company's efforts to partner with what it describes as "a high technology differentiating company." The company employs what it calls a Mentor-Investor methodology, aiming to forge successful paths to public markets for innovative companies with exceptional leadership. This approach represents an alternative to traditional initial public offerings for technology companies seeking public market access.
The offering was managed by D. Boral Capital LLC as sole lead book-running manager. The full exercise of the underwriters' over-allotment option contributed to the offering's total size, indicating strong investor interest in the company's investment thesis and management approach. GigCapital9 is the ninth Private-to-Public Equity vehicle of GigCapital Global, continuing a series of similar investment vehicles launched by the group.
For investors, this development matters because it represents another substantial capital pool entering the market for technology and defense sector acquisitions. The $253 million raised creates potential for significant industry consolidation or growth capital infusion for a target company. The focus on cybersecurity, secure communications, and artificial intelligence aligns with growing global demand for these technologies across both commercial and government sectors.
The company's structure as a special purpose acquisition company provides a defined timeline for deployment of capital, with the 24-month window creating urgency for identifying and completing a suitable business combination. This timeline matters to investors who seek clarity on when their investment might transition from a cash vehicle to an operating company. The specific sector focus also provides transparency about the types of companies investors can expect GigCapital9 to pursue.
Additional information about GigCapital Global is available at https://www.gigcapitalglobal.com/. The press release announcing this development can be viewed at https://ibn.fm/x0I6v.
