Exhibit 107
Calculation of Filing Fee Tables
Form S-1
(Form Type)
Giga-tronics Incorporated
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
| Security
Type |
Security
Class Title |
Fee
Calculation or Carry Forward Rule |
Amount
Registered (1) |
Proposed
Maximum Offering Price Per Unit |
Maximum
Aggregate Offering Price |
Fee
Rate |
Amount
of Registration Fee |
Carry
Forward Form Type |
Carry
Forward File Number |
Carry
Forward Initial effective date |
Filing
Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |
| Newly Registered Securities | ||||||||||||
| Fees
to Be Paid |
Equity | Common Stock, par value $0.0001 per share (2) | Other (2) |
6,880,128 | $0.875 (2) |
$6,020,112.00 | $110.20 per $1,000,000 | $663.42 | ||||
| Fees
to Be Paid |
Equity | Common Stock, par value $0.0001 per share (3) | Other (3) |
57,864,294 | $0.3705 (3) |
$ 21,438,720.93
|
$110.20 per $1,000,000 | $2,362.55 | ||||
| Fees
to Be Paid |
Equity | Common Stock, par value $0.0001 per share (4) | Other (4) |
5,333,332 | $0.3705 (4) |
$1,975,999.51 | $110.20 per $1,000,000 | $217.76 | ||||
| Fees
Previously Paid |
||||||||||||
| Carry Forward Securities | ||||||||||||
| Carry
Forward Securities |
||||||||||||
| Total Offering Amounts | $29,434,832.43.56 | $3,243.72 | $663.42 | |||||||||
| Total Fees Previously Paid (5) | $663.42 | |||||||||||
| Total Fee Offsets | $0 | |||||||||||
| Net Fee Due | $2,580.30 | |||||||||||
(1) Consists of (i) Distribution Shares distributable by Ault Alliance, Inc. to its shareholders, and (ii) shares of common stock underlying PIPE Securities issuable to the Selling Shareholders. Capitalized terms used herein have the meanings set forth in Prospectus which forms of the Registration Statement with which this Filing Fees Table is filed as Exhibit 107.
(2) Pursuant to Rule 457(f)(1) under the Securities Act of 1933, and solely for the propose of calculating the registration fee, the fee for the Spin-Off is based on the estimated market value of the Spin-Off Shares as specified under Rule 457(c) of $0.875, which reflects the average of the high and low sale prices of the shares of common stock as of February 6, 2023 as reported on the OTCQB. This amount was calculated in connection with the previous filing of the Registration Statement on February 13, 2023. See footnote (5). Ault Alliance, Inc.
(3) Pursuant to Rule 457(c) under the Securities Act of 1933, and solely for the purpose of calculating the registration fee, the proposed maximum offering price per share of the common stock issuable upon conversion of convertible notes held by the Selling Shareholders is estimated to be $0.3705, which is the average of the high and low sale prices of the shares of common stock as of July 27, 2023, as reported on the OTCQB.
(4) Pursuant to Rule 457(g) under the Securities Act of 1933, and solely for the purpose of calculating the registration fee, the proposed maximum offering price per share of the common stock issuable upon exercise of the warrants is estimated to be $0.3705, which is the average of the high and low sale prices of the shares of common stock as of July 27, 2023, as reported on the OTCQB.
(5) Fees totaling $663.42 were previously paid in connection with the Company’s previous filing of the Registration Statement on February