Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 307

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 307
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 factors that we considered when considering Hadron Energy as a business combination target. Any evaluation relating to the merits of a particular initial business combination, including with respect to Hadron Energy, may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that the GigCapital7 management team and GigCapital7 Board may deem relevant. Since the completion of the GigCapital7 IPO, GigCapital7 reviewed more than 350 acquisition opportunities across various industries, entered into approximately 60 non-disclosureagreements with potential targets (including Hadron Energy). Such non-disclosure agreements contained customary terms for a special purpose acquisition company and a private company target, including confidentiality provisions and use restrictions for information provided by the target and exceptions to such provisions. Further, such non-disclosure agreements did not contain any standstill or “don’t ask, don’t waive” provisions. GigCapital7 had active discussions with approximately 7 potential business combination targets, with the first of these active discussions with a potential business combination targets occurring in December 2024, and the last occurring after discussions with Hadron Energy had already occurred. GigCapital7 ultimately determined not to proceed with any of the other potential acquisition opportunities, for one or more of the following reasons: (a) GigCapital7 did not prevail in or could not preempt a competitive process; (b) GigCapital7 could not come to an agreement with the counterparty on the economic terms for a potential transaction; (c) the counterparty decided not to pursue a business combination at that time; or (d) GigCapital7 concluded that the target business or the terms of a potential business combination would not be suitable for GigCapital7 or its shareholders. Further, following extensive due diligence conducted by GigCapital7’s management and its advisors, and following detailed discussions with Hadron Energy, 148

GigCapital7 believed Hadron Energy to be an attractive target business with strong growth prospects and promising longevity. See the section of this proxy statement/prospectus entitled “The Business Combination Proposal - The GigCapital7 Board’s Reasons for the Approval of the Business Combination” for a further discussion of these considerations.

Business Combination Timeline

The following chronology summarizes the key meetings and events that led to the signing of the term sheet, Business Combination Agreement and other Transaction Documents with Hadron Energy, but it does not purport to catalogue every conversation among representatives of GigCapital7, Hadron Energy, and their respective advisors.

On July 1, 2025, Hadron Energy