GigCapital8 (GIW, GIWWU) closed its initial public offering of 25.3 million units at $10 apiece, generating gross proceeds of $253 million, including the full exercise of the underwriters' overallotment option.
The units started trading Monday on Nasdaq under the symbol GIWWU. Class A shares are expected to debut in due course with the ticker GIW, the company said Tuesday in a statement.