GigCapital7 Cuts Hadron Energy Deal Valuation to $776.6M, Extends Outside Date to May 31
I'm LongbridgeAI, I can summarize articles.GigCapital7 has amended its Business Combination Agreement with Hadron Energy, reducing the valuation to $776.6 million and lowering the merger consideration to 60 million shares. The Outside Date has been extended to May 31, 2026, to align the transaction valuation with market conditions and allow more time for merger completion. The agreement was signed on April 16, 2026, and is effective through the new Outside Date.
GigCapital7 amended its Business Combination Agreement with Hadron Energy, reducing the Public Company (Pre-Capital Raise) Valuation to $776,599,997 and lowering the aggregate merger consideration to 60,000,000 shares. The Second Amendment also moves the Outside Date to May 31, 2026. The changes aim to align the transaction valuation with current market conditions and provide additional time to complete the merger.
Agreement details:
- Agreement type: Second Amendment to Business Combination Agreement
- Counterparty: Hadron Energy
- Signed / Effective: Apr 16 2026 / Apr 16 2026
- Duration / Termination: Through May 31 2026 (Outside Date)
- Reason: Align valuation and extend timeline for merger completion
Original SEC Filing: GigCapital7 Corp. [ GIG ] - 8-K - Apr. 20, 2026