Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 651

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 651
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 using the market approach for intangible asset method, which considers among other things, comparable transactions, relevant market multiples, asset characteristics, transaction type, market conditions and qualitative comparable normalization. F-56

The following table presents a reconciliation of the liabilities, measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the period from July 8, 2024 (inception) to December 31, 2024:

| Balance at July 8, 2024 (inception)    |     |   |       — |
|:---------------------------------------|:----|:--|--------:|
| SAFEs issued during the period         |     |   | 170,000 |
| Change in fair value during the period |     |   | 396,404 |
| Balance at December 31, 2024           |     | $ | 566,404 |

As of December 31, 2024, the estimated fair value of the SAFEs was $566,404. The change in fair value during the period reflected in the above table is included in other loss in the accompanying statement of operations. 6. STOCKHOLDERS’ EQUITY Common Stock Pursuant to the certificate of incorporation dated October 30, 2024, the Company was authorized to issue 2,000,000 shares of common stock par value of $0.0001 per share. The holders of common stock have one vote for each share of common stock held of record by such holder as of the applicable record date. The Company’s founder contributed $250 upon the formation of Hadron Energy, LLC on July 8, 2024. On October 30, 2024, 900,000 shares of common stock were issued to the Company’s founder in exchange for his sole member interest in Hadron Energy, LLC. Stock-Based Compensation On October 30, 2024, the Company adopted the Hadron Energy, Inc. 2024 Equity Incentive Plan (the “Plan”) whereby existing and prospective employees, officers, directors and consultants of the Company and its affiliates and others performing services to the Company may be given an opportunity to acquire up to 100,000 shares of common stock in the form of options and restricted stock purchase agreements (“RSPAs”). The exercise price, vesting and expiry date is determined for each grant by the Company’s Board of Directors. Restricted Stock Purchase Awards The Company issued restricted shares of its common stock under Restricted Stock Purchase Ag