Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 418

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 418
---
, with respect to any Hadron Option intended to be an “incentive stock option,” Code Section 4249a and the applicable regulations promulgated thereunder. |

| (d) | each Hadron Restricted Share Award that is outstanding immediately prior to the Effective Time will be automatically assumed by Domesticated GigCapital7 such that each Hadron Restricted Share Award will be converted into an Exchanged RSA for a number of restricted shares of Domesticated GigCapital7 Common Stock, equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Hadron Restricted Shares and (y) the Exchange Ratio. |

| (e) | each of the SAFEs that is outstanding immediately prior to the Effective Time will automatically convert into a number of shares of Hadron Common Stock determined in accordance with the terms of such SAFE with such shares to be treated as Hadron Common Stock and will receive the consideration described above for Hadron Common Stock at the Effective Time. |

| (f) | by virtue of the Merger and the applicable provisions of the Domesticated GigCapital7 Charter, each share of Domesticated GigCapital7 Class B Common Stock then issued and outstanding shall be automatically cancelled and extinguished and converted into one (1) share of Domesticated GigCapital7 Common Stock. |

| (g) | in connection with the Redemption, GigCapital7 will redeem the public shares properly tendered for redemption in connection with the Business Combination pursuant to the Domesticated GigCapital7 Charter and Cayman Constitutional Documents. |

Pursuant to the Business Combination Agreement, the consideration to be paid in the Merger in respect of each Hadron Common Stock that is issued and outstanding immediately prior to the Effective Time, will be the Per Share Merger Consideration, which is a number of shares of Domesticated GigCapital7 Common Stock equal to the Exchange Ratio. The “ Exchange Ratio” means the quotient of: (a) the Aggregate Merger Consideration; divided by (b) the Hadron Fully Diluted Capital. The “ Aggregate Merger Consideration” means the number of shares of Domesticated GigCapital7 Common Stock equal to the difference of: (a) the Aggregate DomesticatedGigCapital7 Common Stock; minus (b) 13,333,333 shares of Domesticated GigCapital7 Common Stock; provided, however, that if the Hadron Energy has any indebtedness outstanding as of the closing of the Merger, the Aggregate Merger Consideration shall be further reduced by a number