Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 394

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 394
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 for any HVII Public Rights purchased by one of HVII’s affiliates within the meaning of Rule 144. All of the remaining 690,000 HVII Rights (and the shares of New ONE Nuclear Common to be issued at the Closing in exchange therefor) owned collectively by the Initial Shareholders (including the Sponsor) are restricted securities under Rule 144, in that they were issued in private transactions not involving a public offering.

At the Closing, New ONE Nuclear will issue approximately 96.7 million shares of New ONE Nuclear Common Stock to ONE Nuclear Members in connection with the Business Combination, assuming the Redemption Price used to calculate the number of shares of New ONE Nuclear Common Stock to be issued at Closing to the ONE Nuclear Members is $10.34 (based on amount in the Trust Account as of November 30, 2025, net of accrued taxes). All of the shares of New ONE Nuclear Common Stock issued in connection with the Business Combination will be freely transferable by persons other than “affiliates” of HVII and ONE Nuclear without restriction or further registration under the Securities Act, subject to any lock-up restrictions.

Lock-Up Agreements

In connection with the Closing, the Initial Shareholders (including the Sponsor) and the ONE Nuclear Members will enter into Lock-Up Agreements with HVII. Each Lock-Up Agreement will provide that the New ONE Nuclear Securities held by such stockholder of will be subject to transfer restrictions (subject to certain customary exceptions) for the period commencing on the Closing Date and ending on the earliest to occur of: (x) the six month anniversary of the Closing Date, (y) such date that the reported last sale price of the New ONE Nuclear Common Stock equals or exceeds $11.00 per share for any twenty (20) trading days within any thirty (30) consecutive trading day period commencing after the Closing, and (z) the date after the Closing on which New ONE Nuclear consummates a liquidation, merger, capital stock exchange, reorganization or other similar transaction with an unaffiliated third party that results in all of New ONE Nuclear’s stockholders having the right to exchange their shares of New ONE Nuclear Common Stock for cash, securities or other property. Additional details of these transfer restrictions can be found under the section of this proxy statement/proxy entitled “ Certain Agreements Related to the Business Combination — Lock-Up Agreements.”

A&R Registration Rights Agreement

In connection with the Closing, New ONE Nuclear, the Initial Shareholders (including the Sponsor) and the ONE Nuclear Members