Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 265

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 265
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culated using the treasury method of accounting on a cashless exercise basis). 121

Subject to, and in accordance with the terms and conditions of the Business Combination Agreement, immediately prior to or at the Effective Time:

| (a) | each issued and outstanding share of Hadron Common Stock except for Excluded Shares, Dissenting Shares, and Hadron Restricted Shares, will be cancelled and converted into the right to receive the Per Share Merger Consideration (as defined below), as set forth in the Business Combination Agreement. |

| (b) | each Excluded Share shall be automatically cancelled and retired without any conversion thereof and shall cease to exist, and no consideration shall be delivered in exchange therefor. |

| (c) | each Dissenting Share that has demanded properly in writing appraisal or dissenters’ rights and otherwise complied with all of the provisions of the DGCL relevant to the exercise and perfection of appraisal rights, shall not be converted into, and the holders of such Dissenting Shares shall have no right to receive, the applicable portion of the aggregate Per Share Merger Consideration unless and until such holder fails to perfect or withdraws or otherwise loses his, her or its right to appraisal and payment under the DGCL, in which case such Dissenting Shares shall be treated as if they had been converted into the right to receive the portion of the aggregate Per Share Merger Consideration to which such holder is entitled. |

| (d) | each Hadron Option that is outstanding immediately prior to the Effective Time will be automatically assumed by Domesticated GigCapital7 and converted into an Exchanged Option to purchase a number of shares of Domesticated GigCapital7 Common Stock, equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Hadron Common Stock subject to such Hadron Option immediately prior to the Effective Time and (y) the Exchange Ratio, at an exercise price per share (rounded up to the nearest whole cent) equal to the quotient of (A) the exercise price per share of such Hadron Option immediately prior to the Effective Time divided by (B) the Exchange Ratio; provided, that the assumption and adjustment of the unvested Hadron Options shall be completed in a manner that satisfies the requirements of Code Section 409A and, with respect to any Hadron Option intended to be an “incentive stock option,” Code Section 4249a and the applicable regulations promulgated thereunder. |

| (e) | each Hadron Restricted Share Award that