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SEC filingGigCapital7 Corp. shareholders approved the business combination with Hadron Energy, Inc., domestication from the Cayman Islands to Delaware, issuance of up to 60 million shares for Hadron stockholders, and related governance and equity plan proposals at the May 7, 2026 Extraordinary Meeting.
This 8-K reports definitive shareholder approval of GigCapital7’s business combination with Hadron Energy, Inc., marking a pivotal transition from SPAC to operating company focused on commercializing the Halo MMR — a truck-transportable 10 MWe microreactor targeting AI data centers, industrial hubs, and remote communities. The overwhelming support across all proposals — including unanimous Class B approval of domestication and director elections — reflects strong alignment among controlling shareholders and validates the strategic rationale: leveraging GigCapital7’s public vehicle and mentor-investor methodology to accelerate Hadron’s path to scale, licensing, and deployment. The domestication to Delaware is not merely procedural; it enables compliance with Nasdaq listing standards, facilitates U.S. investor access, and establishes a governance framework compatible with public company obligations — including the adoption of exclusive forum provisions and elimination of dual-class stock post-Closing. Critically, the approval of up to 60 million shares for Hadron stockholders sets the capital structure foundation, while the Equity Incentive Plan and staggered board election signal intent to retain and incentivize Hadron’s leadership through the transition. Although forward-looking statements in the press release cite risks — including NRC licensing timelines, financing completion, and commercialization uncertainty — the shareholder vote itself removes the single largest gating item: lack of consent. With domestication filed imminently and market effectiveness slated for the next trading day post-filing, investors now shift focus to execution milestones: SEC registration statement effectiveness, Nasdaq clearance, and finalization of the merger agreement’s closing conditions.