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GigCapital9 introduces quarterly compensation for directors and CEO

GigCapital9’s board has approved a new compensation structure for its directors and CEO Dr. Avi S. Katz. Until the closing of a business combination, each director and the CEO will receive $4,000 per quarter for advisory, audit and administrative services; after the signing of a definitive merger agreement the payment increases to $6,000 per quarter per person. The arrangement was disclosed in a filing with the U.S. Securities and Exchange Commission and names several board members. » More on de.investing.com