Hadron Energy Begins Trading On Nasdaq Following Merger With GigCapital7

At closing, $28 million of cash remained and was not redeemed from the GigCapital7 trust account and was transferred to the Company's balance sheet, far exceeding the $20 million minimum cash at closing as was agreed and defined on the Q3'2025 business combination agreement (BCA), with zero debt at closing. In addition, since signing the BCA, Hadron and GigCapital7 secured $7.5 million of equity-cash through SAFE bridge financings conducted prior to the closing, of which about $2.8 million remained on the balance sheet at the closing, for a total combined amount of cash of approximately $31 million, and due to the very low transaction and related expenses, as a result of the unique GigCapital Global closing methodology, the Company will have about $24.5 million in cash on the balance sheet following all transaction expenses.