GIW SEC filings, in plain English
Everything GigInternational1, Inc. has filed with the SEC that we hold — 40 filings, newest first, 3 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2022-08-15trust $211.2M → $43.2M -80%
trust account, redeemable shares, combination deadline +11 moved · 3 with no prior record of ours
- Trust account
- $211.2M$43.2M
- Redeemable shares
- not previously extracted4.22M
- Combination deadline
- 2023-02-21 · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $168,042,902 left the trust between the two filings.
The clause …“6,286 — Total current assets 381,943 1,680,825 Cash and marketable securities held in Trust Account 43,202,859 211,099,649 Interest receivable on cash and marketable securities held in Trust Account 80,536 1,793 Other long-term assets —”…
The clause …“issued and outstanding and not subject to possible redemption. There were 4,223,437 and 20,900,000 shares of common stock subject to possible redemption issued and outstanding as of September 30, 2022 and December 31, 2021,”…
The clause …“must consummate a Business Combination transaction from August 21, 2022 up to February 21, 2023. The Company previously entered into an Investment Management Trust Agreement (the “IMTA”), dated May 18, 2021, with Continental Stock”…
The clause …“be dissolving and liquidating the assets. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-05-16trust $211.1M → $211.2M +0%
trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours
- Trust account
- $211.1M$211.2M
- Combination deadline
- not previously extracted2023-02-21
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 20.9Mnot matched in this filing
SpacBrain reads this as $140,765 was added to the trust between the two filings.
The clause …“1,525 — Total current assets 709,716 1,680,825 Cash and marketable securities held in Trust Account 211,245,761 211,099,649 Interest receivable on cash and marketable securities held in Trust Account 144,339 1,793 Other long-term assets”…
The clause …“(6) times for an additional one (1) month each time from August 21, 2022 to February 21, 2023 (the “Trust Amendment”) by depositing into the Trust Account for each one-month extension the lesser of: (x) $200,000 or (y) $0.05 per share”…
The clause …“Business Combination plans. In connection with the Company's assessment of going concern considerations, management has determined that the liquidity condition and the mandatory liquidation and subsequent dissolution, should the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-11-15trust $211.1M → $211.1M +0%going concern APPEARED
trust account, going-concern doubt, redeemable shares2 moved · 1 with no prior record of ours
- Trust account
- $211.1M$211.1M
- Going-concern doubt
- not statedstated
- Redeemable shares
- not previously extracted20.9M
SpacBrain reads this as $10,601 was added to the trust between the two filings.
The clause “805,390 Total current assets 1,130,462 1,680,825 Cash and marketable securities held in Trust Account 211,104,996 211,099,649 Interest receivable on cash and marketable securities held in Trust Account 12,360 1,793 Other long-term assets”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“a business combination on acceptable commercial terms or at all. 24 There is substantial doubt about our ability to continue as a “going concern.” As of March 31, 2022, we had $377,343 in our operating bank accounts. We have incurred,”…
The clause …“issued and outstanding and not subject to possible redemption. There were 20,900,000 shares of common stock subject to possible redemption issued and outstanding as of March 31, 2022 and December 31, 2021. Preferred Stock The”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-08-16trust $211.1M → $211.1M +0%
trust account, redeemable shares1 moved · 1 with no prior record of ours
- Trust account
- $211.1M$211.1M
- Redeemable shares
- 19.9Mnot matched in this filing
SpacBrain reads this as $4,385 was added to the trust between the two filings.
The clause …“838,373 Total current assets 2,001,283 Cash and marketable securities held in Trust Account 211,094,395 Interest receivable on cash and marketable securities held in Trust Account 1,730 Other long-term assets 304,885 TOTAL”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: GigInternational1 filed a pro forma balance sheet as of May 24, 2021 adjusting for an over-allotment exercise: trust rises from $202,000,000 to $211,090,000, deferred underwriting from $7,000,000 to $7,495,000, and shares subject to redemption from 19,076,917 to 19,927,907 at $10.10 per share. Why it matters: GIW's trust is funded at $10.10 rather than $10.00 per public share, putting its redemption floor ten cents above the offering price.
What changed: GigInternational1 filed its audited balance sheet as of May 24, 2021, following its May 2021 IPO of 20,000,000 units. Why it matters: The post-IPO balance sheet that fixes GIW's trust and enables separate trading of its shares and half-warrants.
What changed: GigInternational1 filed its May 18, 2021 underwriting agreement with Oppenheimer and William Blair for 20,000,000 units purchased at $9.80 and offered at $10.00, each unit one share of common stock and one-half of a redeemable warrant exercisable at $11.50. Why it matters: Sets GIW's $200 million base IPO size and half-warrant coverage ahead of the trust being funded.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.