Hadron Energy, Inc.
Business
GigCapital7 Corp. is a Cayman Islands exempted blank check company formed to identify and complete an initial business combination with one or more operating businesses. It offers a vehicle to effectuate mergers, asset acquisitions or share exchanges and provides capital, strategic guidance, operational expertise, and access to the public markets to prospective targets. Its activities are organized around its sponsor, management and advisory team that source, evaluate and structure transactions and provide post-combination operational support. The company seeks target businesses worldwide, with a focus on U.S. and international TMT, AI/ML, cybersecurity, MedTech, semiconductor and sustainable technology companies and leverages investor, industry and distribution relationships to facilitate transactions.
Summary from filing dated 2025-03-06
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Revenues | 0 | |
| General and administrative expenses | 3 | |
| Loss from operations | −3 | |
| Change in fair value of warrants | −1 | |
| Interest income | 710 | |
| Interest and dividend income on marketable securities held in Trust Account | 8 | |
| Income before provision for income taxes | 4 | |
| Provision for income taxes | 0 | |
| Net income and comprehensive income | 4 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-04-30 |
|---|---|---|---|---|
| Cash | 89,362 | 1 | — | |
| Prepaid expenses and other current assets | 151,344 | 207,680 | — | |
| Total current assets | 240,706 | 2 | — | |
| Cash and marketable securities held in Trust Account | 212 | 203 | — | |
| Other assets | 0 | 85,984 | — | |
| TOTAL ASSETS | 212 | 205 | — | |
| Accounts payable | 170,775 | 25,439 | — | |
| Related party payable | 4,053 | 34,048 | — | |
| Accrued legal services | 2 | 0 | — | |
| Accrued liabilities | 123,464 | 114,000 | — | |
| Total current liabilities | 2 | 173,487 | — | |
| Warrant liability | 2 | 241,735 | — | |
| Total liabilities | 4 | 415,222 | — | |
| Commitments and contingencies (Note 5) | — | — | — | |
| Retained earnings (accumulated deficit) | −3 | 1 | — | |
| Total shareholders' equity (deficit) | −3 | 1 | 0 | |
| TOTAL LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS' EQUITY (DEFICIT) | 212 | 205 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Prepaid expenses and other current assets | 56,336 | |
| Accounts payable | 145,336 | |
| Related party payable | −29,995 | |
| Accrued legal services | 2 | |
| Accrued liabilities | 84,464 | |
| Other assets | 85,984 | |
| Net cash used in operating activities | −1 | |
| Investment of cash in Trust Account | 0 | |
| Net cash used in investing activities | 0 | |
| Proceeds from sale of public units, net of underwriting discount paid | 0 | |
| Proceeds from the sale of private placement warrants to Founder | 0 | |
| Payment of offering costs | −75,000 | |
| Net cash provided by (used in) financing activities | −75,000 | |
| Net increase (decrease) in cash | −1 | |
| Offering costs included in accounts payable, related party payable and accrued liabilities | 0 | |
| Accretion of Class A ordinary shares to redemption value | 8 |