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Tuesday, December 20, 2022

Equity Corporate Actions Alert #2022 - 459
(UPDATED: Redemption Amount Final) Information Regarding the Redemption of GigInternational1, Inc. (GIW/GIWWW/GIWWU)

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  • Industry Announcement

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On November 21, 2022, GigInternational1, Inc. announced that it will redeem its public shares and not consummate an initial business combination. As of the close of business on December 23, 2022, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: GigInternational1, Inc. Common Stock
CUSIP#: 37518W106
Symbol: GIW
Last Trading Date: December 23, 2022
Marketplace Effective Date for Suspension: December 27, 2022
Redemption rate: $10.24206439 per Common Stock
Company Name & Issue Type: GigInternational1, Inc. Warrant
CUSIP#: 37518W114
Symbol: GIWWW
Last Trading Date: December 23, 2022
Marketplace Effective Date for Suspension: December 27, 2022
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: GigInternational1, Inc. Unit
CUSIP#: 37518W205
Symbol: GIWWU
Last Trading Date: December 23, 2022
Marketplace Effective Date for Suspension: December 27, 2022
Redemption rate: $10.24206439 per Common Stock

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