Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 94

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 94
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 on Russian companies that supply low-enriched uranium (“LEU”) to fuel nuclear reactors, representing a potential and material supply chain risk to companies that develop and operate nuclear reactors in the United States. These sanctions have impacted the commercial availability of LEU and increased the cost of uranium enrichment services and could potentially increase the cost and timing of receipt of LEU, which could have a material adverse effect on ONE Nuclear’s ability to deploy nuclear reactors.

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In addition, the availability of critical path equipment such as heat exchangers, reactor modules, turbines, reciprocating engines, switchgear, and gas infrastructure is subject to global supply chain variability and vendor capacity. Many components required for nuclear construction, including pressure vessels, reactor coolant pumps and steam generating equipment, are manufactured by a limited number of qualified suppliers and may require long-lead orders with multi-year production timelines.

ONE Nuclear does not have manufacturing assets and will rely on third-party manufacturers and construction firms to build its facilities. Moreover, ONE Nuclear is dependent on future supplier capability to meet production demands attendant to its forecasts. If ONE Nuclear’s supply chain cannot meet the schedule demands of the market, its projected timelines and revenues could be materially impacted.

Additionally, shortages in skilled labor, construction permitting delays, inclement weather, or force majeure events could delay or halt construction of major systems. Each delay can cause cascading impacts on power generation schedules, reducing its ability to generate revenue or meet timelines.

High demand for, constraints on the supply of, and increasing costs for industrial scale gas-fired turbines and/or reciprocating engines could lead to significant delays in ONE Nuclear’s ability to develop the natural gas fired power generation infrastructure it will need to achieve its power delivery goals.

Industrial scale gas fired turbines and reciprocating engines are in high demand in the U.S. and globally for grid power generation, new and expanded LNG facilities and AI hyperscalers, creating significant delays in delivery as well as increasing costs. This increase in demand for gas-fired combustion turbines and/or reciprocating engines, after years of little or no demand for new gas-fired combustion turbines and/or reciprocating engines, appears to have significantly outstripped available supply, resulting in reports of lead-times for delivery of new gas-fired combustion turbines and/or reciprocating engines. As a result, ONE Nuclear could experience significant delays and increased costs in obtaining the gas fired turbines and/or reciprocating engines needed to develop the natural gas-fired power generation infrastructure that ONE Nuclear needs, which could adversely affect its ability to deliver