Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 53

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 53
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 from the Cayman Islands to the State of Delaware. In connection with the Domestication, (i) each then issued and outstanding GigCapital7 Class A Ordinary Share (other than any GigCapital7 Class A Ordinary Share included in the Cayman GigCapital7 Units) will convert automatically, on a one-for-one basis, into one (1) share of Domesticated GigCapital7 Common Stock, (ii) each then issued and outstanding GigCapital7 Class B Ordinary Share will convert automatically, on a one-for-one basis, into one (1) share of Domesticated GigCapital7 Class B Common Stock, (iii) each then issued and outstanding Cayman GigCapital7 Warrant (other than any Cayman GigCapital7 Public Warrants) shall convert automatically into a Domesticated GigCapital7 Warrant, pursuant to the Warrant Agreement, and (iv) each then issued and outstanding Cayman GigCapital7 Unit shall be cancelled and will thereafter entitle the holder thereof to one (1) share of Domesticated GigCapital7 Common Stock and one (1) Domesticated GigCapital7 Warrant, in each case without any action on the part of GigCapital7, Merger Sub, Hadron Energy or any holder of securities of any of the foregoing. See the section of this proxy statement/prospectus entitled “The Domestication Proposal” for additional information. |

| Q. | What are the material U.S. federal income tax considerations of the Domestication? |

| A. | As discussed more fully under “U.S. Federal Income Tax Considerations” of this proxy statement/prospectus, whether the Domestication will qualify as an F Reorganization is not free from doubt due to the absence of direct guidance on the application of Section 368(a)(1)(F) of the Code to an entity that holds only investment-type assets. Accordingly, due to the absence of such guidance, it is not possible to predict whether the IRS or a court considering the issue would take a contrary position. GigCapital7 will receive an opinion of DLA Piper LLP (US), to be filed by amendment as Exhibit 8.1 to the registration statement of which this proxy statement/prospectus forms a part, that the Domestication should qualify as a reorganization within the meaning of Section 368(a)(1)(F) of the Code (an “F Reorganization”). Assuming that the Domestication so qualifies, and subject to the “passive foreign investment company” (“PFIC”) rules discussed below and under “Material U