Hadron Energy, Inc. HDRN
We are a blank check company incorporated on May 8, 2024, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. GigCapital7 has neither engaged in any operations other than in connection with the transactions contemplated by the Business Combination Agreement (such transactions, the "Transactions") nor generated any operating revenues to date.
Our efforts to identify a prospective target business have not been limited to a particular industry or geographic region, although we focused on companies in the technology, media, and telecommunications ("TMT"), artificial intelligence and machine learning ("AI/ML"), cybersecurity, medical technology and medical equipment ("MedTech"), semiconductor and sustainable industries. We intend to effectuate our initial business combination using cash from the proceeds of our initial public offering and the sale of the private placement warrants, our common equity or any preferred equity that we may create in accordance with the terms of our charter documents, debt, or a combination of cash, common or preferred equity and debt.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $0 | — | — |
| SG&A | $3.3M | — | — |
| Operating income | -$3.3M | — | — |
| Interest expense | $710 | — | — |
| Pre-tax income | $3.8M | — | — |
| Income tax | $0 | — | — |
| Net income | $3.8M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $89.4K | $1.3M | $0 |
| Total current assets | $240.7K | $1.6M | — |
| Total assets | $211.9M | $204.8M | — |
| Accounts payable | $170.8K | $25.4K | — |
| Total current liabilities | $2.1M | $173.5K | — |
| Total liabilities | $3.6M | $415.2K | — |
| Retained earnings | -$3.3M | $1.3M | — |
| Total equity | -$3.3M | $1.3M | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$1.2M | — | — |
| Investing cash flow | $0 | — | — |
| Financing cash flow | -$75.0K | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-151242.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | — | — | $0 |
| Gross profit | — | — | — |
| Net income | — | — | $3.8M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Change of control Control of the company has changed hands. Item 5.01
- Officer or director change Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shell company status changed A shell has acquired a real business, or a business has become a shell. The usual route to a listing without an IPO. Item 5.06
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 4911
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NEE | NEXTERA ENERGY INC | $171.21B | 24.9x | 9.8% |
| CEG | Constellation Energy Corp | $89.80B | 34.2x | 19.5% |
| AEP | AMERICAN ELECTRIC POWER CO INC | $70.56B | 19.5x | 8.7% |
| D | DOMINION ENERGY, INC | $57.34B | 18.9x | 16.5% |
| VST | Vistra Corp. | $47.04B | 64.3x | 19.1% |
| DTE | DTE ENERGY CO | $27.44B | 18.8x | — |
| CNP | CENTERPOINT ENERGY INC | $26.87B | 25.7x | 9.2% |
| FE | FIRSTENERGY CORP | $26.69B | 26.2x | 12.0% |