Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 155

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 155
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,149 |     |   | 100.0 | % |     |             | 106,035,149 |     |   | 100.0 | % |

| (1) | Includes 1,583,333                                                             
 HVII Public Rights Shares.                                                     |
| (2) | Includes 690,000                                                               
 HVII Private Placement shares and 57,500 HVII Private Placement Rights Shares. |
| (3) | Figures presented                                                              
 on a non-diluted basis to exclude the dilutive effect of Earnout Shares.       |

All of the relative percentages above are for illustrative purposes only and are based upon certain assumptions as described in the section entitled “ Frequently Used Terms” and, with respect to the determination of the Assuming Maximum Redemptions Scenario in this section. Additionally, the relative percentages above assume the Business Combination was consummated on September 30, 2025. Should one or more of the assumptions prove incorrect, actual ownership percentages may vary materially from those described in this proxy statement/prospectus as anticipated, believed, estimated, expected or intended.

Anticipated Accounting Treatment

The Business Combination will be accounted for as a reverse recapitalization in accordance with GAAP. Under this method of accounting, although HVII will acquire all of the outstanding equity interests of ONE Nuclear in the Business Combination, HVII will be treated as the “acquired” company and ONE Nuclear will be treated as the accounting acquirer for financial statement reporting purposes. Accordingly, the Business Combination will be treated as the equivalent of ONE Nuclear issuing stock for the net assets of HVII, accompanied by a recapitalization. The net assets of HVII will be stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Business Combination will be those of ONE Nuclear.

ONE Nuclear has been determined to be the accounting acquirer based on evaluation of the following facts and circumstances under both the No Redemption Scenario and the Maximum Redemptions Scenario:

| ● | The equity holders of ONE Nuclear will have the greatest voting interest in the New ONE Nuclear;                             |
| ● | The equity holders of ONE Nuclear will have the ability to control decisions regarding election and removal of directors and 
 officers of the New ONE Nuclear;                                                                                             |
| ● | ONE Nuclear will comprise the ongoing operations of the New ONE Nuclear; and                                                 |
| ● | ONE Nuclear’s existing senior management will be the senior management of the New ONE Nuclear.                               |

The unaudited pro forma condensed combined financial