GigCapital, Inc. Announces Extension of Cash Tender Offer for Its Rights

PALO ALTO, Calif.--(BUSINESS WIRE)--GigCapital, Inc., (NYSE: GIG, GIG.U, GIG.RT, and GIG.WS) (“GigCapital” or the “Company”) a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, today announced that its previously announced tender offer to purchase up to 14,873,256 of its outstanding rights (each of the rights representing the right to receive one-tenth of one share of the Company’s common stock) at a purchase price of $0.99 per right, in cash, less any applicable withholding taxes and without interest, for an aggregate purchase price of up to $14,724,523.44, has been extended, in accordance with applicable rules and regulations governing tender offers, until one minute past 11:59 p.m., New York City time, on November 22, 2019, unless further extended or terminated. The tender offer was previously scheduled to expire at one minute past 11:59 p.m., New York City time, on November 7, 2019.