GigCapital7 Corp.

Hadron Energy, Inc. announced it will present its Halo-10 Low-Power Modular Medium-Sized Reactor (LW-MMR) technology at the Advancing Standards Transforming Markets Conference on the HALEU Fuel Cycle in Chester, United Kingdom, on June 18, 2026. The presentation will focus on how the Halo-10 can meet increasing power demands, highlighting nuclear power's advantages in reliability and consistency compared to intermittent renewable sources. The company also detailed the modularity, scalability, and safety features of the Halo-10, addressing challenges in spent fuel management.

Hadron Energy, Inc. filed an S-1 registration statement for the issuance of up to 28,719,000 shares of common stock upon warrant exercise and the resale of up to 57,432,395 shares of common stock and 3,719,000 Private Warrants by Selling Securityholders. The company, which completed its business combination with Private Hadron in May 2026, is developing the Hadron Halo Micro Modular Nuclear Reactor (MMR). Hadron Energy also announced strategic partnerships with Smartland Energy for potential MMR deployment, ConverDyn for uranium supply, and Paragon Energy Solutions for I&C architecture, alongside positive regulatory feedback from the NRC.

Hadron Energy's Board of Directors approved the initial compensation package for Ross Ridenoure, Chief Nuclear Officer, following the company's business combination. His base salary is set at $300,000, with a target annual bonus of 40% of his base salary. The annual bonus will be determined based on performance goals under an executive incentive plan yet to be established, and equity-based compensation may be granted in the future.

Hadron Energy, Inc.'s Board of Directors approved the initial base salaries and target bonuses for its executive officers on June 3, 2026. These compensation arrangements are effective following the closing of the company's business combination. The executive officers will also have the opportunity to earn an annual bonus under an incentive plan yet to be established, with amounts based on performance goals.

Hadron Energy, Inc. (formerly GigCapital7 Corp.) announced the consummation of its business combination with Hadron Energy Operating Company Inc. on May 22, 2026. Following the merger, Hadron Energy's common stock and public warrants commenced trading on Nasdaq under the symbols "HDRN" and "HDRNW" respectively. The company also reported Q1 2026 net income of $13.37 million, primarily driven by a change in the fair value of Simple Agreements for Future Equity (SAFEs), alongside a net cash outflow from operating activities of $1.21 million and a "going concern" warning.

Hadron Energy, Inc. (formerly GigCapital7 Corp.) announced the successful completion of its business combination on May 22, 2026. The combined company, now trading on Nasdaq under the symbols "HDRN" and "HDRNW", secured approximately $31 million in total funding, with $24.5 million cash on its balance sheet after transaction expenses. This transaction establishes Hadron Energy as the first publicly traded light-water micro-modular nuclear reactor company, with a pro-forma equity valuation of approximately $766 million.

GigCapital7 Corp. announced that its shareholders approved the proposed business combination with Hadron Energy, Inc. and MMR Merger Sub, Inc. at an Extraordinary General Meeting held on May 7, 2026. All related proposals were also approved, including the domestication of the Company from the Cayman Islands to Delaware. The company intends to proceed with the domestication on May 8, 2026, after which its securities will commence trading under new ticker symbols GIG, GIGGW, and GIGGU.

GigCapital7 Corp. announced further steps to facilitate its Business Combination with Hadron Energy, Inc., which is scheduled for shareholder approval on May 7, 2026. The company secured additional Non-Redemption Agreements on May 6, 2026, bringing the total to 2,000,000 Class A Ordinary Shares whose holders have agreed not to redeem them. Additionally, GigCapital7 and Hadron Energy entered into a Forward Purchase Agreement for up to 546,219 Class A Ordinary Shares, further supporting the transaction by reducing potential redemptions and providing capital.

GigCapital7 Corp. reported Q1 2026 net income of $535,601, a significant decrease from $1,618,274 in the prior year, while general and administrative expenses increased. The company continues to progress with its Business Combination Agreement with Hadron Energy, Inc., which was entered into on September 27, 2025, and will involve domestication as a Delaware corporation and renaming to Hadron Energy, Inc. However, the company faces liquidity challenges, reporting a working capital deficit of $3,551,446 and raising substantial doubt about its ability to continue as a going concern.

GigCapital7 Corp. announced it has entered into non-redemption agreements with public stockholders, securing approximately $19.3 million by preventing the redemption of 1,800,000 Class A ordinary shares. This funding, combined with a $7.6 million SAFE bridge note, brings the total equity raise for Hadron Energy to about $26.9 million. This significantly exceeds the $20 million minimum cash condition required for the proposed business combination with Hadron Energy, Inc. The extraordinary general meeting to approve the business combination is scheduled for May 7, 2026, with the redemption deadline set for May 5, 2026.