Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 318

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 318
---
 and approval of the Business Combination and the matters related to the Business Combination. In light of the number and variety of factors considered in connection with its evaluation of the Business Combination, the Hadron Board did not consider it practicable to, and did not attempt to, quantify or otherwise assign relative weights to the specific factors that it considered in reaching its determination and supporting its decision. The Hadron Board viewed its decision as being based on all of the information available and the factors presented to and considered by it. In addition, individual directors may have given different weight to different factors in their evaluation of the Business Combination. The Hadron Board considered a number of factors pertaining to the Business Combination as generally supporting its decision to enter into the Business Combination Agreement and the transactions contemplated thereby, including, but not limited to, the following material factors:

| • |     | Optimal Path to Support Growth. The Hadron Board determined, after a thorough review of other strategic alternatives potentially available to Hadron Energy, that the proposed Business Combination represents a better opportunity for Hadron Energy to support its long-term growth and create value for its stockholders, as compared to other potential strategic alternatives with other partners and the possibility of, and benefits and risks associated with, continuing to operate Hadron Energy as an independent, stand-alone entity, which the Hadron Board believed would not deliver comparable benefits to those that could be achieved in the proposed Business Combination. |

| • |     | Negotiated Transaction. The Hadron Board considered the terms and conditions of the Transaction Documents and the transactions contemplated thereby, including but not limited to, each party’s representations, warranties and covenants, the conditions to each party’s obligation to consummate the Business Combination and the termination provisions, as well as the strong commitment by both Hadron Energy and GigCapital7 to consummation the transactions contemplated by the Transaction Documents. |

| • |     | Access to Capital. The Hadron Board considered the current economic, industry and market conditions affecting Hadron Energy, Hadron Energy’s projected financial results and cash flows, Hadron Energy’s prospects as a private entity and the needs of Hadron Energy to obtain substantial additional financing in the future and the cost of alternative means of raising capital, and it expected that the proposed Business Combination would be a more time- and cost-effective means to access capital than other options considered. |

| • |     | Board Composition. The Hadron Board considered that the Domesticated GigCapital7 Board will consist of no less than seven directors, including (i) three directors