GigCapital7 Corp.

GigCapital7 Corp. (GIG) reported a net income of $3.8 million for the fiscal year ended December 31, 2025, a significant increase from the $2.4 million net income reported for the period from inception (May 8, 2024) to December 31, 2024. The company generated no operating revenue, consistent with its status as a blank check company. The primary driver of net income was $8.4 million in interest and dividend income from marketable securities held in a Trust Account, partially offset by $3.3 million in general and administrative expenses and a $1.3 million expense from the change in fair value of warrants. Total assets were $211.9 million, primarily consisting of $211.6 million in cash and marketable securities held in the Trust Account. The company had a working capital deficit of $1.9 million as of December 31, 2025, and its business plan is dependent on completing a business combination with Hadron Energy, Inc., which was agreed upon on September 27, 2025. The company's ability to continue as a going concern is in substantial doubt without this transaction.

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