Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 112

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 112
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 per share redemption price. The Business Combination Agreement contains two conditions to the Closing which are that, after giving effect to the transactions contemplated hereby (including any PIPE Financing) (i) GigCapital7 shall have at least $5,000,001 of net tangible assets, and (ii) the Available Closing SPAC Cash shall not be less than $20,000,000. The “maximum contractual redemptions scenario” represents the maximum number of Public Shares that may be redeemed while satisfying the conditions mentioned above. The maximum contractual redemptions scenario assumes the PIPE financing will be $20,000,009 at a price of $10.59 per share and that 100% of the Public Shares can be redeemed as long as the PIPE Financing meets the two conditions set out above. |

Based upon historical interest earnings on the funds held in the Trust Account, and after assessing likely future interest rates and the interest earnings that will be generated on the funds held in the Trust Account, the GigCapital7 Board at the time of entry into the Business Combination Agreement established a formula in the Business Combination Agreement for purposes of determining the number of shares to be issued to Hadron securityholders as consideration for the Business Combination that was based upon a hypothetical but approximately likely redemption price at Closing of $10.59. For more information, see “ The Business Combination Proposal—Background of the Business Combination”. The actual redemption price for any lawfully submitted redemption requests will be determined at the time of Closing, and the forgoing is merely an estimate at this time. To the extent that additional shares are issued pursuant to the foregoing, GigCapital7’s shareholders will experience further dilution. In addition, GigCapital7 may enter into other transactions. To the extent it issues such securities, investors and GigCapital7’s shareholders may experience further dilution.

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The following table presents all possible sources and the extent of dilution that shareholders who elect not to redeem their shares may experience in connection with the business combination, including sources not included in the tables above with respect to the determination of net tangible book value per share.

|                                 |     | Voting Interests in Domesticated GigCapital7(1) |             |     |   |       |   |     |                   |             |     |   |       |   |     |                   |             |     |   |       |   |     |                   |             |     |   |       |   |     |                                  |             |     |   |       |   |
|                                 |     | NoRed