Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 100

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 100
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 generation assets. Each component and project introduces regulatory, financial, operational, and technological risks.

Over time, ONE Nuclear plan to develop multiple nuclear reactors, supplemented by gas-fired generation. This timeline introduces significant long-term capital exposure, regulatory coordination, construction risk, and supply chain vulnerability. While construction of new nuclear power plants in other countries has progressed more efficiently than in the past, construction of nuclear power plants in the U.S. has slowed dramatically in the last twenty years.

Construction of the Southern Company’s recent Vogtle nuclear power plant, built in Georgia, took approximately fifteen years. President Trump’s recent Executive Order, dated May 23, 2025, which requires (i) the NRC to shorten its approval time for new nuclear reactor license applications to no more than 18 months and (ii) the U.S. Department of Energy (“DOE”) to use its licensing authority under the Atomic Energy Act (“AEA”) to authorize at least three new nuclear power plants with the goal that each power plant reach “criticality” by July 4, 2026, seeks to speed U.S. nuclear construction permitting, but there can be no guarantee that this executive order will be effective in doing so or that this or future Presidential administrations will not reverse this executive order. Indeed, certain recent nuclear power plant projects have taken more than ten years from commencement to completion. Delays or disruptions in any phase could impair ONE Nuclear’s overall development timeline, reduce forecasted revenue, and increase financing costs.

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Each reactor will, among other things, require:

| ● | full                                                               
 compliance with NRC licensing, testing, and inspection frameworks; |

| ● | multi-year                                                          
 site preparation and nuclear-grade infrastructure installation; and |

| ● | ongoing                                         
 adherence to evolving federal safety standards. |

Failure to secure timely approvals, maintain regulatory compliance, or meet critical milestones may delay or prevent the commencement of construction and the operation of ONE Nuclear’s nuclear units.

All elements of nuclear infrastructure will remain subject to the oversight of the NRC and potentially other federal and state agencies. ONE Nuclear intends to submit various applications to the NRC under Part 52 of the NRC’s regulations (10 CFR Part 52) (“Part 52”). The NRC’s review of ONE Nuclear’s COL Application will involve environmental impact assessments, pre-application safety evaluations, analysis of ONE Nuclear’s proposed construction of each nuclear reactor, as well as ONE Nuclear’s proposed operation of each nuclear reactor, which will involve site-specific safety analysis reports, testing, inspection