Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 114

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 114
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| (8) | Figures presented on a fully-diluted basis to include the dilutive effect of Public Warrants, Private Placement Warrants, and Hadron Options. |

Based upon historical interest earnings on the funds held in the Trust Account, and after assessing likely future interest rates and the interest earnings that will be generated on the funds held in the Trust Account, the GigCapital7 Board at the time of entry into the Business Combination Agreement established a formula in the Business Combination Agreement for purposes of determining the number of shares to be issued to Hadron securityholders as consideration for the Business Combination that was based upon a hypothetical but approximately likely redemption price at Closing of $10.59. For more information, see “ The Business

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Combination Proposal—Background of the Business Combination”. The actual redemption price for any lawfully submitted redemption requests will be determined at the time of Closing, and the forgoing is merely an estimate at this time. GigCapital7 issued shares in an initial registered offering at $10.00 per share. After giving effect to the IPO, the issued and outstanding Public Shares of the GigCapital7 20,000,000, assuming no redemptions. In connection with the de-SPACtransaction, 100,000,000 shares will be issued to Hadron Stockholders. Redemption levels of 0%, 25%, 50%, 75% and maximum have been disclosed in the table below as required by Item 1604(c) (in thousands, except share and per share data). For purposes of Item 1604(c)(1), Domesticated GigCapital7 would have 133,333,333 total shares after giving effect to the de-SPACtransaction under the no redemptions scenario. Where there are no redemptions, the company valuation is based on GigCapital7’s offering price of the securities in the initial registered offering price per share of $10.00 is therefore calculated as: $10.00 (per share IPO price) times 20,000,000 shares, or $200 million. The following table illustrates the valuation at the offering Price of the securities in the initial registered offering price of $10.00 per share for each redemption scenario:

|                                                                                                                               |     | NoRedemption(1) |     | 25%Redemptions(2) |     | 50%Redemptions(3) |
|:------------------------------------------------------------------------------------------------------------------------------|:----|:----------------|:----|:------------------|:----|: