GigCapital8 Corp. Rights are a class of derivative security associated with GigCapital8 Corp., a Cayman Islands exempted company formed as a special purpose acquisition company (SPAC). Each right represents the entitlement to receive one-fifth of a Class A ordinary share upon the successful completion of the company's initial business combination, such as a merger or acquisition. When five rights are accumulated, holders may exchange them for one full Class A ordinary share, thus providing a structured mechanism for participating in the potential future equity of the post-combination entity. The rights are designed primarily to incentivize SPAC investors, serving as an additional benefit to those purchasing the initial SPAC units, which include both ordinary shares and rights. This structure enhances shareholder alignment during the critical period between the public offering and the closing of a qualifying acquisition. GigCapital8 Corp. aims to partner with innovative, high-technology-driven companies, and the rights play an important role in facilitating flexible equity participation. In the broader financial market, these rights contribute to the SPAC's appeal by allowing investors exposure to future equity while balancing risk through staged conversion events.