Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 240

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 240
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 assumptions, representations or covenants are incorrect, incomplete or inaccurate or are violated, the accuracy of the opinion may be affected or if the IRS were to successful challenge the F Reorganization status of the Domestication, the U.S. federal income tax consequences of the Domestication could differ from those described herein. Except to the extent otherwise discussed herein, the remainder of this discussion assumes the Domestication qualifies as an F Reorganization..

The material tax consequences of the Domestication for U.S. Holders and Non-U.S. Holders are further discussed below. All Holders are urged to consult with their tax advisors with respect to the potential tax consequences to them of the Domestication.

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II. U.S. Holders

As used in this section, a “U.S. Holder” is a beneficial owner of an HVII’s Class A Ordinary Share or a share of New ONE Nuclear Common Stock, as applicable, who or that is for U.S. federal income tax purposes:

| ● | an                                                                                            
 individual who is a citizen or resident of the United States;                                 |
| ● | a                                                                                             
 corporation that is created or organized in or under the laws of the United States or any     
 state thereof or the District of Columbia;                                                    |
| ● | an                                                                                            
 estate whose income is subject to U.S. federal income tax regardless of its source; or        |
| ● | a                                                                                             
 trust if (1) a U.S. court can exercise primary supervision over the administration of such    
 trust and one or more “United States persons” (within the meaning of Section                  
 7701(a)(30) of the Code) have the authority to control all substantial decisions of the trust 
 or (2) it has a valid election in place to be treated as a United States person.              |

A. Tax Consequences of the Domestication to U.S. Holders

1. Generally

Assuming the Domestication qualifies as an F Reorganization, U.S. Holders of HVII Class A Ordinary Shares generally are not expected to recognize gain or loss for U.S. federal income tax purposes in connection with the Domestication, except as provided below under the sections entitled “ — 3. Effects of Section 367 to U.S. Holders of HVII Class A Ordinary Shares” and “ — 4. PFIC Considerations”.

Subject to the discussion below under the section entitled “ — 4. PFIC Considerations”, if the Domestication fails to qualify as an F Reorganization,