GigCapital7 Corp
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 6, 2025
HDRN$0.71+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheet as of December 31, 2024
Balance Sheet
| ASSETS | |
|---|---|
| Current assets | |
| Cash | $1,344,228 |
| Prepaid expenses and other current assets | 207,680 |
| Total current assets | 1,551,908 |
| Cash and marketable securities held in Trust Account | 203,188,704 |
| Other assets | 85,984 |
| TOTAL ASSETS | $204,826,596 |
| LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS’ EQUITY | |
| Current liabilities | |
| Accounts payable | $25,439 |
| Related party payable | 34,048 |
| Accrued liabilities | 114,000 |
| Total current liabilities | 173,487 |
| Warrant liability | 241,735 |
| Total liabilities | 415,222 |
| Commitments and contingencies (Note 3 and 4) | |
| Class A ordinary shares subject to possible redemption, par value of $0.0001 per share 200,000,000 shares authorized; 20,000,000 shares at a redemption value of $10.15 per share | 203,088,704 |
| Shareholders’ equity | |
| Preferred shares, par value of $0.0001 per share; 1,000,000 shares authorized; none issued or outstanding | — |
| Class A ordinary shares, par value of $0.0001 per share; 200,000,000 shares authorized; none issued or outstanding (excludes 20,000,000 shares subject to possible redemption) | — |
| Class B ordinary shares, par value of $0.0001 per share; 50,000,000 shares authorized; 13,333,333 shares issued and outstanding | 1,333 |
| Additional paid-in capital | — |
| Retained earnings | 1,321,337 |
| Total shareholders' equity | 1,322,670 |
| TOTAL LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS' EQUITY | $204,826,596 |
Statement of Operations and Comprehensive Income
| Revenues | $— |
|---|---|
| General and administrative expenses | 628,761 |
| Loss from operations | (628,761) |
| Other income (expense) | |
| Change in fair value of warrants | (183,675) |
| Interest income | 2,024 |
| Interest and dividend income on marketable securities held in Trust Account | 3,188,704 |
| Income before provision for income taxes | 2,378,292 |
| Provision for income taxes | — |
| Net income and comprehensive income | $2,378,292 |
| Net income attributable to Class A ordinary shares subject to possible redemption | $1,087,567 |
| Basic and diluted weighted-average shares outstanding, Class A ordinary shares subject to possible redemption | 10,420,168 |
| Basic and diluted net income per share, Class A ordinary shares subject to possible redemption | $0.10 |
| Net income attributable to Class B non-redeemable ordinary shares | $1,290,725 |
| Basic and diluted weighted-average Class B non-redeemable ordinary shares outstanding | 12,366,661 |
| Basic and diluted net income per share, Class B non-redeemable ordinary shares | $0.10 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.