secwatch.observer — SEC 8-K summary
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Issuer:     GigCapital7 Corp. (GIG)
CIK:        0002023730
Form:       8-K
Filed at:   2026-04-20T23:59:59+00:00
Accession:  0001193125-26-162774
Event type: m_and_a
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 2.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GigCapital7 cuts Hadron Energy acquisition valuation to $600M, extends outside date to May 31, 2026
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- Second Amendment reduces Aggregate Merger Consideration from ~100M shares to 60M shares, valuing Hadron at $600M (down from $1B).
- Outside Date extended from April 30 to May 31, 2026; special shareholder meeting set for May 7, 2026.
- GigCapital7 issued $293,000 amended promissory note to sponsor for working capital, convertible at $10/unit upon business combination.
- Hadron completed $7.5M pre-IPO SAFE equity round and SEC declared S-4 effective April 15, 2026.
- Hadron cites advanced nuclear market valuation recalibration; continues commercial progress with Paragon, Smartland MOU.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2023730/000119312526162774/0001193125-26-162774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2023730/000119312526162774/d144257d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-162774

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer