Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 334

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 334
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 Business Combination will expand the access to capital for Hadron, and taking into account Hadron Energy’s expected cash resources and need for additional capital to fund the development of its products and services, and the uniqueness of this particular potential Business Combination, as the negotiated transaction will result in the infusion of capital at the time of Closing. For Hadron Energy’s affiliates, the tradability of their Domesticated GigCapital7 Common Stocks is expected to make their holdings more liquid. The Hadron Board also considered the potential detriments of the Business Combination to Hadron Energy and its affiliates, including, among other factors, the possibility that the Business Combination might not be completed in a timely manner or at all, the uncertainty of the potential benefits of the Business Combination being achieved, the costs involved in connection with completing the Business Combination, and the time and effort of Hadron Energy management required to complete the Business Combination. For more information, see “— The Hadron Board’s Reasons for the Approval of the Business Combination” and various risks described under the section entitled “Risk Factors.” |

**Expected Accounting Treatment of the Business Combination The Domestication There will be no accounting effect or change in the carrying amount of the assets and liabilities of GigCapital7 as a result of the Domestication. The business, capitalization, assets and liabilities and financial statements of GigCapital7 immediately following the Domestication will be the same as those immediately prior to the Domestication. The Business Combination The Business Combination will be accounted for as a reverse recapitalization in accordance with GAAP and not as a business combination. Under this method of accounting, GigCapital7 will be treated as the “acquired” company for financial reporting purposes. Accordingly, for accounting purposes, the Business Combination will be treated as the equivalent of Hadron Energy issuing stock for the net assets of GigCapital7, accompanied by a recapitalization. Upon the completion of the Business Combination, substantially all of the assets and business of the combined company will be held and operated by Hadron Energy Opco and its subsidiaries. Regulatory Matters Neither GigCapital7 nor Hadron Energy are aware of any material regulatory approvals or actions that are required for completion of the Business Combination, other than the filing required by and the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the other regulatory notices and approvals discussed in “ The Business Combination Proposal - Business Combination Agreement - Closing Conditions - 166

Conditions to the Obligations of Each Party”. The filing required by the Hart-Scott-R