GigCapital7 Corp. Announces \$19.3 Million Non-Redemption Agreements Ahead of Hadron Energy Business Combination
NEW YORK, May 1, 2026 – GigCapital7 Corp. (Nasdaq: GIG) has announced that it has successfully solicited and entered into non-redemption agreements with select public stockholders. These agreements, referred to as Non-Redemption Agreements (NRAs), ensure that these stockholders will not exercise their redemption rights in connection with the anticipated business combination between GigCapital7 and Hadron Energy, Inc.
Key Financial Highlights
- Aggregate Commitment: The NRAs cover approximately 1,800,000 Class A ordinary shares, representing around \$19.3 million of funds held in GigCapital7’s trust account.
- Potential for Additional Funding: The company noted the possibility for further NRAs, which could increase the total capital available for the transaction.
- Total Equity Raise: Including the NRA funds and an already-funded \$7.6 million SAFE bridge note to Hadron Energy, GigCapital7 has raised a total of about \$26.9 million.
- Minimum Cash Condition Exceeded: This total far exceeds the minimum cash condition of \$20 million required for closing the business combination agreement.
Important Shareholder Information
- Extraordinary General Meeting: Shareholders are scheduled to vote on the business combination at an extraordinary general meeting on May 7, 2026.
- Redemption Deadline: The cutoff for submission of redemption requests is 5:00 p.m. Eastern Time, May 5, 2026.
- SEC Filings: Additional information on the NRAs will be filed in a Current Report on Form 8-K.
- Proxy Materials: GigCapital7 is mailing the final prospectus/definitive proxy statement and other shareholder materials to shareholders as of April 15, 2026. Investors are urged to review these documents carefully before making any voting or investment decisions.
About Hadron Energy, Inc.
- MMR Technology Leader: Hadron Energy is pioneering in Micro Modular Reactor (MMR) technology. Its Halo MMR delivers 10 MWe of continuous power and is designed to be smaller, cost-effective, and rapidly deployable compared to other nuclear solutions.
- Truck-Transportable Design: The Halo MMR’s vessel, core, and containment shell are fully truck-transportable, allowing deployment across AI data centers, industrial hubs, remote communities, and infrastructure facilities.
- Strategic Partnerships: Hadron is advancing its technology through technical development, NRC licensing, and a growing portfolio of supply chain and deployment partnerships.
About GigCapital7 Corp.
- GigCapital7 is a Private-to-Public Equity (PPE) company operating as a Special Purpose Acquisition Company (SPAC), with a Mentor-Investor methodology.
- The company’s mission is to partner with high-technology, differentiated companies to guide them successfully to the public markets through business combinations.
Forward-Looking Statements and Risks
This announcement contains forward-looking statements regarding the anticipated business combination, benefits, timing, and expected funds available at closing. Risks include:
- Possible termination of the business combination agreement or other definitive agreements.
- Outcome of any legal proceedings following the announcement.
- Failure to obtain shareholder approvals or necessary financing.
- Regulatory delays or failures, changes to deal structure due to laws and regulations.
- Market opportunity, demand for Hadron’s Halo MMR, ability to scale, and post-closing cash position.
- Potential disruption of Hadron’s operations due to the business combination.
- Ability to recognize anticipated benefits, commercialization risks, and ability to maintain key relationships.
- Political, economic, market volatility, and regulatory changes.
Investors should review the “Risk Factors” sections in SEC filings by GigCapital7 and Hadron, including the registration statement related to the business combination.
Transaction Details and Shareholder Actions
- The transaction requires GigCapital7 shareholder approval.
- Materials related to the business combination, including the registration statement and proxy, are available at www.sec.gov or by request from GigCapital7 Corp.
- The SEC and state securities agencies have not approved or disapproved the business combination or related securities.
Contacts
Potential Price-Sensitive Elements
- Exceeding Minimum Cash Condition: The successful raising of \$26.9 million—substantially above the minimum required—improves deal certainty and reduces risk of deal failure.
- Non-Redemption Agreements: These agreements minimize redemption risk and ensure funds remain available for Hadron Energy post-merger, which could be positively received by investors.
- Technological Differentiation: Hadron’s unique MMR technology and rapid deployability may attract attention from markets focused on energy solutions, AI data centers, and infrastructure.
- Upcoming Shareholder Meeting and Vote: The outcome may significantly impact share values depending on approval or rejection.
Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, solicitation, or recommendation to buy or sell securities. Investors should review all relevant SEC filings and consult their financial advisors before making any investment decisions. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. GigCapital7 and Hadron Energy assume no obligation to update forward-looking statements.
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