Market Overview

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

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GigCapital, Inc. (the "Company"), a Delaware corporation that is an
emerging-growth blank check company newly formed for the purpose of
entering into a merger, share exchange, asset acquisition, stock
purchase, recapitalization, reorganization or similar business
combination with one or more businesses, today announced the closing of
its previously announced underwritten public offering of 12,500,000
units at a price of $10.00 per unit.

Each unit consists of one share of common stock, one right and
three-fourths (3⁄4) of one warrant to purchase one share of common stock
for an exercise price of $11.50 per whole share of common stock. Only
whole warrants are exercisable. Each right entitles the holder thereof
to receive one-tenth (1⁄10) of one share of common stock upon the
consummation of the Company's initial business combination.

The units are listed on the New York Stock Exchange (the "NYSE") and
trade under the ticker symbol "GIG.U", and began trading on December 8,
2017. Once the securities comprising the units begin separate trading,
the rights and warrants are expected to be listed on the NYSE under the
symbols GIG RT" and "GIG WS" respectively.

Cowen and Chardan acted as bookrunners for the offering.

A final prospectus relating to and describing the final terms of the
offering has been filed with the SEC and is available on the SEC's
website located at http://www.sec.gov
or may be obtained from Cowen and Company, LLC c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, Attn:
Prospectus Department. Phone (631) 274-2806 / Fax (631) 254-7140. This
news release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of these securities in
any state or jurisdiction in which such offer, solicitation, or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.

Note Concerning Forward Looking Statements

This news release contains statements that constitute "forward-looking
statements," including with respect to the anticipated listing of the
Company's rights and warrants on the NYSE. Forward-looking statements
are subject to numerous conditions, many of which are beyond the control
of the Company, including those set forth in the Risk Factors section of
the Company's registration statement and preliminary prospectus for the
Company's offering filed with the Securities and Exchange Commission
("SEC"). Copies are available on the SEC's website, www.sec.gov.
The Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as required
by law.

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