Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 314

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 314
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Capital7’s independent directors evaluated and unanimously approved, as members of the GigCapital7 Board, the Business Combination Agreement and the related agreements and the transactions contemplated thereby, including the Transactions. |

| • |     | Growing Global Support for Nuclear, including Small Reactors Potential to Play a Large Role. GigCapital7 management and the GigCapital7 Board believe that nuclear power, and specifically small reactors, will play a significant role in the future of energy because of the safety profile of small reactors versus traditional large scale nuclear reactors as well as the ability of small reactors to scale and provide a reliable source of carbon-free power. The GigCapital7 Board noted that this market |

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| segment, Hadron Energy’s position in such segment, was consistent with the stated intent to focus on targets that have leading, growing or unique niche market positions. |

| • |     | Multiple Avenues to Accelerate Organic Growth Opportunities. The GigCapital7 Board considered that Hadron Energy benefits from multiple opportunities to drive accelerated and profitable organic growth. Hadron Energy’s value-creation strategies are focused on a range of existing and emerging applications critical to energy transition mandates both domestically and internationally. |

| • |     | Attractive Business Model. The GigCapital7 Board considered Hadron Energy’s services-driven business model, which has attractive potential unit economics and is designed to generate free cash flow, both of which are consistent with the stated criteria that would drive GigCapital7’s search for prospective targets. |

| • |     | Significant Recurring Revenue Opportunities. The GigCapital7 Board believes Hadron Energy will have the ability with its MMR technology to secure recurring revenues through the sale of MMR units, replacement MMR units, nuclear fuel and associated plant construction, operation and maintenance services, which the GigCapital7 Board noted was consistent with its stated intent to focus on potential targets with the potential to generate sustainable free cash flow. However, the Board acknowledged that because Hadron Energy’s near-term cash flows derived from pre-construction engineering services and developmental contingencies and as such remained speculative, that the transaction would not satisfy their initial criteria to find a target with “established and growing revenue streams” and avoid targets with “speculative business plans or companies that are excessively leveraged.” |

| • |     | Bipartisan Political Support for Nuclear Energy Sources. The GigCapital7 Board considered that support for advanced nuclear solutions currently spans both sides of the political aisle amidst an often-polarizing domestic political landscape. |

The GigCapital7 Board also considered a variety of uncertainties