Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 299

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 299
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. Lock-UpAgreements At the Closing, the Hadron Stockholders will enter into the Lock-Up Agreement, pursuant to which each Hadron Stockholder agrees with GigCapital7 not to effect any transfer, or make a public announcement of any intention to effect transfer of any Lock-upSecurities Beneficially Owned or otherwise held by such Lock-UpParty, as defined in the Lock-upAgreement, from the Closing until the date that is the earliest of (a) six (6) months following the Closing Date; (b) subsequent to the Closing, the date on which the reported closing price of one share of GigCapital7 Common Stock quoted on Nasdaq equals or exceeds eleven dollars and fifty cents ($11.50) 142

per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like occurring after the Closing Date) for any twenty (20) Trading Days within any thirty (30) consecutive Trading Day period commencing at least ninety (90) days after the Closing Date; and (c) subsequent to the Closing, the date on which GigCapital7 completes a liquidation, merger, stock exchange or other similar transaction that results in all of GigCapital7’s stockholders having the right to exchange their GigCapital7 securities for cash, securities or other property.

The foregoing description of the Lock-Up Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by the terms and conditions of the Lock-Up Agreement, the form of which is filed as Exhibit D to the Business Combination Agreement, filed as Exhibit 2.1 to the registration statement of which this proxy statement/prospectus forms a part, and incorporated by reference herein.

Letter Agreement

On August 28, 2024, GigCapital7, its directors and officers, the Sponsor and the underwriters of GigCapital7’s IPO entered into the Letter Agreement, which contains provisions relating to transfer restrictions of the Founder Shares and Private Placement Warrants, indemnification of the Trust Account, voting obligations, waiver of redemption rights and participation in liquidation distributions from the Trust Account.

Under this Letter Agreement, the Class B Ordinary Shares and Private Placement Warrants and any Class A Ordinary Shares issued upon conversion or exercise thereof are each subject to transfer restrictions pursuant to lock-up provisions in the agreements entered into by the Sponsor and management team. Those lock-up provisions provide that such securities are not transferable or saleable (i) in the case of any Founder Shares or any other Ordinary Shares of GigCapital7