Company: GIGGU
Filing Date: 2025-09-29
Form Type: 425
Source: 0001193125-25-221783
Chunk: 4

Company: GigCapital7 Corp.
Filing Date: 2025-09-29
Form: 425
Chunk 4
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 by GigCapital7 or Merger Sub (or any subsidiaries of GigCapital7), (b) shares held by the Company as treasury stock, if any (each share covered in subclause (a) and (b), an “Excluded            
 Share”), (c) shares held by stockholders who have properly exercised and not withdrawn appraisal rights under Delaware law (the “Dissenting Shares”), and (d) shares of the Company Common Stock issued pursuant to an                
 award of restricted stock that is, as of immediately prior to the Closing Date, subject to a substantial risk of forfeiture and is not transferable (the “Company 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.                                                                                                                 |

| (ii) | 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.                                         |

| (iii) | each option to purchase shares of the Company Common Stock (the “Company Option”) that is                                                                                                                                                    
 outstanding immediately prior to the Effective Time will be automatically assumed by Domesticated GigCapital7 and converted into an option to purchase a number of shares of Domesticated Purchaser Common Stock (such option, an “Exchanged 
 Option”), equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Company Common Stock subject to such Company Option immediately prior to the Effective Time and (y) the Exchange Ratio (as          
 defined below), 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 Company Option immediately prior to the Effective Time divided by (B) the Exchange   
 Ratio.                                                                                                                                                                                                                                       |

| (iv) | each award of the Company Restricted Shares (the “Company Restricted Share Award”) that is                                                                                                                                                              
 outstanding immediately prior to the Effective Time will be automatically assumed by Domesticated GigCapital7 such that each Company Restricted Share Award will be converted into an award for a number of restricted shares of Domesticated Purchaser 
 Common Stock (such award, an “Exchanged RSAs”), equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Company Restricted Shares and (y) the Exchange Ratio.                                                    |

Additionally, the outstanding Company Simple Agreements for Future Equity (“ SAFEs”) will automatically convert, immediately prior to