GigCapital9 Corp. Raises $253 Million in IPO to Target Aerospace, Defense and Technology Sectors

GigCapital9 Corp. (NASDAQ: GIXXU) has completed its initial public offering, raising $253 million through the sale of 25.3 million units at $10.00 per unit, including the full exercise of the underwriters' over-allotment option. The company, which is the ninth Private-to-Public Equity vehicle of GigCapital Global, began trading on the Nasdaq Global Market on January 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.

Led by Chief Executive Officer and Chairman Dr. Avi Katz, GigCapital9 now has 24 months to identify and complete a business combination with companies operating in specific target sectors. The company's focus areas include aerospace and defense services as well as the technology, media and telecommunications sector, with particular emphasis on cybersecurity, secure communications, quantum-based command and control, and artificial intelligence and machine learning technologies. This strategic focus positions the company to capitalize on growing demand in these high-growth technology areas.

The successful offering, which reached its maximum potential through the full exercise of the over-allotment option, demonstrates investor confidence in GigCapital9's approach to identifying and partnering with innovative companies. D. Boral Capital LLC served as sole lead book-running manager for the offering, facilitating the company's entry into public markets. The Private-to-Public Equity model, which incorporates a Mentor-Investor methodology, represents an alternative path for technology companies seeking access to public capital markets through business combinations rather than traditional IPOs.

The $253 million in gross proceeds provides GigCapital9 with substantial capital to pursue its stated objectives of partnering with a high-technology differentiating company. The company's approach emphasizes forging successful paths to public markets through strategic business combinations that create industry-leading partnerships. This capital raise comes at a time when investment in defense technologies, cybersecurity solutions, and artificial intelligence applications continues to grow significantly, driven by increasing global security concerns and digital transformation across industries.

The offering's structure, with units consisting of both shares and rights to additional shares upon business combination completion, aligns investor interests with the company's long-term success in identifying and executing a suitable merger. As a Cayman Islands exempted company operating under the GigCapital Global umbrella, GigCapital9 brings established infrastructure and experience to its search for a business combination target. The company's focus on sectors experiencing rapid technological advancement and increasing defense spending creates multiple potential pathways for value creation through strategic partnerships.