GigCapital7 Corp. (NASDAQ: GIG) announced it has entered into non-redemption agreements with public stockholders covering 1.8 million Class A ordinary shares, representing approximately $19.3 million from the company's trust account that will not be redeemed in connection with its proposed business combination with Hadron Energy, Inc.

The agreements ensure these funds will transfer to Hadron Energy's balance sheet upon closing of the business combination. Combined with approximately $7.6 million previously funded through a SAFE bridge note to Hadron Energy, the total equity raise amounts to about $26.9 million, exceeding the Business Combination Agreement's minimum cash condition of $20 million at closing.

The business combination was initially agreed upon in a September 27, 2025 agreement between GigCapital7, Hadron Energy and MMR Merger Sub, Inc. GigCapital7 has scheduled an extraordinary general meeting of shareholders for May 7, 2026, to approve the business combination, with the deadline for redemption requests set for May 5, 2026, at 5:00 p.m. Eastern Time.

Hadron Energy develops modular microreactor (MMR) technology through its Halo MMR system, designed to deliver 10 MWe of continuous power. The reactor components are truck-transportable and intended for deployment at AI data centers, industrial facilities, remote communities and infrastructure locations.

GigCapital7 operates as a special purpose acquisition company focused on partnering with technology companies for public market transitions. The company stated it will file additional details about the non-redemption agreements in a Form 8-K with the Securities and Exchange Commission.