Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 313

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 313
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ment of GigCapital7’s Owners. The GigCapital7 Board considered the fact that Hadron Energy’s Chief Executive Officer, Hadron Energy’s Chief Financial Officer and the shareholders of Hadron Energy are not selling any of their current shareholdings of Hadron Energy in connection with the Transaction, and as such, will continue to own more than a majority of Hadron Energy Opco on a pro forma basis, which the GigCapital7 Board believed reflects such shareholders’ belief in and commitment to the continued growth prospects of Hadron Energy going forward. |

| • |     | GigCapital7 Financial Analysis. The GigCapital7 Board considered certain operating and financial and valuation benchmarking materials (the “Materials”) prepared by the management of GigCapital7. As described under Summary of GigCapital7 Financial Analysis, the GigCapital7 Board noted the fact that based on the financial and valuation benchmarking materials, the combined company has the long-term potential to generate strong, sustainable free cash flow. |

| • |     | Terms of the Business Combination Agreement and the Related Agreements. The GigCapital7 Board considered the terms and conditions of the Business Combination Agreement and the related agreements and the transactions contemplated thereby, including the Merger, each party’s representations, warranties and covenants, the conditions to each party’s obligation to consummate the transactions contemplated thereby and the termination provisions as well as the strong commitment by both Hadron Energy and GigCapital7 to complete the Transactions. |

| • |     | Board of Directors of the Post-Closing Company. The GigCapital7 Board considered that the initial board of directors would be comprised of seven (7) directors, with three (3) directors to be designated by GigCapital7, two of which are expected to be Dr. Avi Katz, to act as the Chairman of the GigCapital7 Board, and Dr. Raluca Dinu; three (3) directors to be designated by Hadron Energy; and one (1) industry expert director mutually agreed upon by Hadron Energy and GigCapital7 prior to the Closing. |

| • |     | Role of Independent Directors. The GigCapital7 Board is comprised of a majority of directors who are independent under applicable exchange and SEC rules. In connection with the Transactions, our independent directors, Karen Rogge, Raanan I. Horowitz, Ambassador Adrian Zuckerman, and Professor Darius Moshfeghi, took an active role in evaluating the proposed terms of the Transactions, including the Business Combination Agreement and the related agreements. Gig