Hadron Energy, a US-based developer of micro-modular reactor technology, is progressing toward a Nasdaq listing while aligning its valuation at 600 million dollars as it advances its business combination with GigCapital7.

Business Wire reported that Hadron Energy and GigCapital7 have revised previously announced transaction terms, adjusting the pro-forma equity valuation to approximately 600 million dollars in response to current market conditions in the advanced nuclear sector.

On April 15, 2026, the US Securities and Exchange Commission declared effective the Form S-4 registration statement, enabling progression toward shareholder approval and a special meeting scheduled for May 7, 2026.

The company also completed approximately 7.5 million dollars in pre-IPO equity funding via SAFE notes, with investor participation intended to support near-term working capital and commercial development.

Hadron continues to advance supplier partnerships, including collaboration on instrumentation and control systems, alongside customer pipeline development such as non-binding agreements supporting potential multi-site deployments.

The company is also progressing regulatory engagement with nuclear authorities as it advances its light-water microreactor design toward licensing milestones supported by established nuclear technology frameworks.

Market positioning is driven by demand for decentralised power solutions in industrial and digital infrastructure sectors, with microreactors positioned as a potential solution to grid capacity constraints.

The revised valuation structure is intended to align transaction economics with current capital market conditions and improve post-listing stability on Nasdaq following completion of the business combination.

Closing of the transaction remains subject to shareholder approval and customary listing requirements, with GigCapital7’s special meeting scheduled in May 2026 as the next key milestone.

Read the full announcement for complete details on Hadron Energy’s revised $600 million valuation, SEC-approved S-4 process, and planned Nasdaq listing under the HDRN ticker.