Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 353

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 353
---
 Domesticated GigCapital7. by providing for the grant of awards to such persons. Eligibility The New Equity Incentive Plan permits the grant of incentive stock options, within the meaning of Section 422 of the Code, to Domesticated GigCapital7’s employees and any of its parent and subsidiary corporations’ employees, and the grant of nonstatutory stock options, restricted stock, RSUs, stock appreciation rights and performance awards to employees, directors and consultants of Domesticated GigCapital7 and employees and consultants of any of its parents or subsidiaries. Following the Closing, we expect Domesticated GigCapital7 to have six non-employeedirectors, and approximately [ ] employees (including employee directors) who will be eligible to receive awards under the New Equity Incentive Plan. Authorized Shares Subject to the adjustment provisions contained in the New Equity Incentive Plan and the evergreen provision described below, a total of 10% of the outstanding shares of Domesticated GigCapital7 Common Stock as of immediately after the Closing (rounded up to the nearest whole share), which will be a maximum of [●] shares of Domesticated GigCapital7 Common Stock will be initially reserved for issuance pursuant to the New Equity Incentive Plan. The maximum number of shares that may be delivered pursuant to the exercise of incentive stock options granted under the New Equity Incentive Plan is [●] shares. The number of shares available for issuance under the New Equity Incentive Plan also will include an annual increase, or the evergreen feature, on the first day of the calendar year beginning in the year following the calendar year in which the Effective Date occurs and the first day of each subsequent calendar year [through and including the first day of the calendar year beginning on the ninth (9th) anniversary of the commencement of such annual increase], by a number of shares equal to the lesser of:

| • |     | 5% of the shares of GigCapital7 Common Stock as of the date of the annual increase; or |

| • |     | such amount, if any, as the Board may determine, and such shares shall consist of authorized but unissued or reacquired shares of Stock or any combination thereof; provided, however that in no event shall any such annual increase occur on any date that is on or later than the tenth (10th) anniversary of the date the stockholders of the Company approved the Plan. |

**Shares issuable under the New Equity Incentive Plan may be authorized, but unissued, or reacquired