GigCapital2, Inc. Announces Closing of Public Offering of Common Stock

PALO ALTO, Calif.--(BUSINESS WIRE)--GigCapital2, Inc. (NYSE: GIX.U) (www.GigCapital2.com) (the “Company”) today announced that it has completed its initial public offering of 15,000,000 units. Each unit consists of one share of common stock, one right and one warrant to purchase one share of common stock at a price of $11.50 per share. Each right entitles the holder thereof to receive one-twentieth (1/20) of one share of common stock upon the consummation of the Company’s initial business combination. The units were sold at $10.00 per unit, generating gross proceeds of $150,000,000 to the Company.