GigCapital7 Corp. Closes $200M IPO on Nasdaq

Nuclear Power
Nuclear Power
Initial Public Offering / IPO SPAC
Initial Public Offering / IPO SPAC

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GigCapital7 Corp. Closes $200 Million Initial Public Offering

Palo Alto, CA August 30, 2024 GigCapital7 Corp. (

NASDAQ: GIGGU

), a Cayman Islands exempted company, has successfully closed its initial public offering (IPO) of 20,000,000 units at a price of $10.00 per unit. This offering generated gross proceeds of $200,000,000 for the company. After deducting underwriting discounts and commissions, and including proceeds from concurrent private offerings, the net proceeds totaled approximately $201,950,000. Of this amount, $200,000,000 has been deposited into a trust account managed by Continental Stock Transfer & Trust Company.

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About Hadron Energy, Inc.

Hadron is a pioneer in MMR technology. Designed to deliver 10 MW of power, Hadron’s MMR will be smaller, more cost-effective, and faster to deploy than other proposed MMR power solutions. The revolutionary design of Hadron’s MMR allows its reactor core and containment shell to be transportable in a shipping container, providing a versatile deployment model for end users. Whether powering an artificial intelligence data center, remote community, or an industrial hub, Hadron’s MMR is expected to provide a reliable, safe and scalable nuclear energy solution. For more information, please visit https://www.hadronenergy.com/.

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