Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 524

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 524
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 expect to incur significant costs to comply with corporate governance, internal controls, and similar requirements applicable to public companies. Additionally, we expect to incur increased costs associated with establishing sales, marketing and commercialization functions prior to any potential future regulatory approvals or commercialization of our technology.

Research and development

We expect to incur significant costs associated with of internal and external R&D expenses. We will primarily focus our R&D activities on technology development and regulatory support for the development of the factory light-water micro modular reactor. Our R&D expenses are anticipated to consist of: employee-related expenses, including salaries, benefits, payroll taxes, travel, for personnel in R&D functions; expenses related to technology development; and facilities, overhead, and other expenses. We expect our R&D expenses to increase in the future as we continue to develop our technology. We remain focused on using our resources to further develop our existing pipeline. Our R&D activities are a critical component of achieving commercialization of any of our technology development and realizing our business strategy.**

<div align='center'>300</div>

Change in fair value of Simple Agreements for Future Equity The change in fair value of SAFEsrepresents the periodic remeasurement of the fair value related to the SAFEs. The Company determined that the SAFEs should be accounted for at fair value as a liability under ASC 480 Distinguishing Liabilities from Equity, as they are potentially settled in a variable number of shares based on future valuation, lack substantive equity characteristics, and are potentially redeemable in cash or other assets under certain conditions. Because they are classified as liabilities, the SAFEs are adjusted to fair value at each reporting date. Provision for income taxes We are subject to U.S. federal and state income taxes based on enacted rates, as adjusted for allowable credits, deductions, uncertain tax positions, changes in deferred tax assets and liabilities and changes in tax laws. Provision for income taxes primarily relates to changes in deferred taxes, partially offset by valuation allowances. Results of Operations Six months ended June 30, 2025 The following table summarizes our results of operations:

| Operating expenses                                          |     |   |            |   |
|:------------------------------------------------------------|:----|:--|-----------:|:--|
| General and administrative                                  |     | $ |    552,920 |   |
| Stock-based compensation                                    |     |   |    603,663 |   |
| Depreciation                                                |     |   |        669 |   |
| Total operating expenses                                    |     |   |