Director Bryan Timm reports GigCapital9 (GIXXU) share and right holdings
Rhea-AI Filing Summary
GigCapital9 Corp. director Bryan Timm has filed an initial ownership report showing a mix of Class A and Class B ordinary shares plus rights. He directly holds 10,000 Class A ordinary shares tied to private placement units purchased at the initial public offering.
He also directly holds 122,247 Class B ordinary shares, which will automatically convert into Class A ordinary shares on a one-for-one basis at the time of GigCapital9’s initial business combination or earlier at his option, with no expiration date. In addition, he holds 2,000 rights, each exchangeable for one-fifth of one Class A ordinary share upon completion of the initial business combination.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TIMM BRYAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
| holding | Right | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 122,247 shares (Direct);
Right — 2,000 shares (Direct);
Class A ordinary shares — 10,000 shares (Direct)
Footnotes (4)
- F1. Includes 10,000 Class A ordinary shares underlying the private placement units purchased concurrently with the consummation of the initial public offering. Each private placement unit consisting of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon the completion of the Issuer's initial business combination.
- F2. As a result of the underwriters' full exercise of the over-allotment option to purchase 3,300,000 units on January 27, 2026, no such shares are subject to forfeiture.
- F3. As described in the Issuer's registration statement on Form S-1, as amended (File No. 333-291869) under the heading "Description of Securities-Ordinary Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination or earlier at the option of the holder on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.
- F4. Includes 10,000 rights underlying the private placement units, which were sold in a private placement taking place simultaneously with the Issuer's initial public offering. Each right is exchangeable for one-fifth of one Class A ordinary share upon the completion of the Issuer's initial business combination.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does GigCapital9 (GIXXU) director Bryan Timm report on this Form 3?
Bryan Timm reports his initial beneficial ownership in GigCapital9. He directly holds 10,000 Class A ordinary shares, 122,247 Class B ordinary shares, and 2,000 rights that can convert into fractions of Class A shares upon completion of the company’s initial business combination.
How did the underwriters’ over-allotment exercise affect Bryan Timm’s GigCapital9 (GIXXU) shares?
The underwriters fully exercised their over-allotment option to purchase 3,300,000 units on January 27, 2026. As a result, none of Bryan Timm’s relevant shares are subject to forfeiture, confirming that his reported holdings of Class B ordinary shares remain fully outstanding under the described terms.