GigCapital, Inc., (NYSE: GIG, GIG.U, GIG.RT, and GIG.WS), a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, has announced that GigAcquisitions, LLC, and the other founders of GigCapital, will make before August 12, 2019 their next loans in conjunction with the extension of the GigCapital, Inc. duration, the company said.
The loans total iUSD 240,000, which will be deposited into the trust account of GigCapital.
GigCapital is a Private-to-Public Equity (PPE)™ company, (also known as a Blank-Check or Special Purpose Acquisition company (“SPAC”)), sponsored by GigAcquisitions, LLC, and sole-managed by GigFounders, LLC (www.gigfoundersglobal.com). All were founded in 2017 by Dr. Avi Katz.
The GigCapital Group companies are led by an affiliated team of technology industry experts, deploying a unique Mentor-Investors™ methodology to partner with exceptional privately held and non-US public technology companies of dedicated solid entrepreneurs. The GigCapital Group companies offer financial, operational and executive mentoring to US and global private, and non-US public companies, in order to accelerate their path from inception and as a privately held entity into the growth-stage as a publicly traded company in the US The partnership of the GigCapital Group with these companies continues through an organic and roll-up strategy growth post the transition to a public company. For more information, visit www.gigcapitalglobal.com.