Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 171

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 171
---
5, GigCapital7 had $405,404 in our operating bank account, and a working capital deficit of $561,564. Further, we have incurred and expect to continue to incur significant costs in pursuit of our acquisition plans. Management’s plans to address this need for capital are discussed in the section of this proxy statement/prospectus entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations of GigCapital7”. If we are unable to raise additional funds to alleviate liquidity needs and complete**

<div align='center'>63</div>

**the Business Combination or another initial business combination by May 28, 2026 (or if such date is extended at a duly called meeting of the GigCapital7 shareholders, such later date), then we will be forced to, as promptly as reasonably possible but not more than ten (10) Business Days thereafter, redeem the public shares for a pro rata portion of the funds held in the trust account, subject to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. In such event, the warrants may be worthless. Our liquidity condition raises substantial doubt about our ability to continue as a going concern. The financial statements of GigCapital7 contained elsewhere in this proxy statement/prospectus do not include any adjustments that might result from our inability to continue as a going concern.

If third parties bring claims against GigCapital7, the proceeds held in the Trust Account could be reduced and the per-shareredemption amount received by shareholders may be less than $10.59 per share.

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 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’s placing of funds in the Trust Account may not protect those funds from third party claims against GigCapital7. Although GigCapital7 seeks to have all vendors, service providers, prospective target businesses