GigCapital7 Shareholders Approve Merger With Hadron Energy
The vote advances the SPAC’s plan to list a micro‑reactor developer pending regulatory clearance.
Overview
- Shareholders approved the business combination at an Extraordinary General Meeting, and the company will file the vote tally on a Form 8-K with the SEC.
- GigCapital7 plans to move its registration from the Cayman Islands to Delaware after Nasdaq provides the needed clearances.
- Once domestication takes effect, the stock, warrants, and units are expected to trade as GIG, GIGGW, and GIGGU with no change to the number of outstanding securities.
- Hadron’s Halo micro‑modular reactor is designed to deliver 10 megawatts of continuous power and can be truck‑transported to data centers, industrial sites, and remote communities.
- Closing the deal and any commercial rollout depend on financing, exchange and SEC processes, and progress with U.S. Nuclear Regulatory Commission licensing.