Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 639

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 639
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 sole member interest in Hadron Energy, LLC. Stock Based Compensation On October 30, 2024, the Company adopted the Hadron Energy, Inc. 2024 Equity Incentive Plan (the “Plan”) whereby employees, officers, directors and consultants of the Company and its affiliates and others performing services to the Company may be given an opportunity to acquire up to 100,000 shares of common stock in the form of options and restricted stock purchase agreements (“RSPAs”). The exercise price, vesting and expiry date is determined for each grant by the Company’s Board of Directors. Restricted Stock Purchase Awards The Company issued restricted shares of its common stock under Restricted Stock Purchase Agreements to grantees. The grantees were given the right to purchase the shares at a discounted purchase price, with restrictions lapsing over vesting periods ranging from zero to sixty months. For RSPAs with a discounted purchase price, the compensation to the employee is the difference between the fair market value of the Company’s stock and the discounted price paid in accordance with ASC 718, Compensation—Stock Compensation. This total compensation cost is then amortized to expense over the grantee’s vesting period. As no observable market price per share is available for the Company’s common stock, the Company uses a reasonable valuation method to estimate the current fair value per share of its common stock. F-44

The Company’s RSPAs for the period from January 1, 2025 to June 30, 2025 was as follows:

|                               |     | Shares |         |   |     | Weighted Average      
 Grant Date Fair Value 
 Per Share             |        |
|:------------------------------|:----|:-------|--------:|:--|:----|:----------------------|-------:|
| Unvested at December 31, 2024 |     |        |   2,396 |   |     | $                     |  29.14 |
| Granted                       |     |        |  35,000 |   |     |                       |  78.34 |
| Forfeited                     |     |        |       — |   |     |                       |      — |
| Vested                        |     |        | (20,625 | ) |     |                       |  29.04 |
| Unvested at June 30, 2025     |     |        |  16,771 |   |     | $                     | 131.94 |

As of