Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 3

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 3
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 the extraordinary general meeting, registered shareholders and beneficial shareholders ( i.e., those holding shares in a stock brokerage account or by a bank or other nominee) will need to follow the instructions applicable to them provided in the accompanying proxy statement/prospectus.

Overview of the Business Combination and Domestication

On October 22, 2025, HVII, Solis Merger Sub LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of HVII (“Merger Sub”), and ONE Nuclear Energy LLC, a Delaware limited liability company (“ONE Nuclear”), entered into the Business Combination Agreement, dated as of October 22, 2025 (as may be amended or supplemented from time to time, the “Business Combination Agreement”). ONE Nuclear is an independent developer of large-scale energy solutions powered by natural gas and advanced nuclear small modular reactor (SMR) technologies.

Pursuant to the terms of the Business Combination Agreement, among other things, at the closing of the transactions contemplated thereby (the “Closing,” and the date on which the Closing occurs, the “Closing Date”) and following the Domestication (as defined below), Merger Sub will merge with and into ONE Nuclear (the “Merger”), with ONE Nuclear being the surviving company of the Merger. The Merger and the other transactions described in the Business Combination Agreement are collectively referred to as the “Business Combination.” Following the Closing, ONE Nuclear will be a direct wholly-owned subsidiary of HVII, and HVII will be renamed “One Nuclear Energy Inc.” (HVII as of and following the Merger, “New ONE Nuclear”).

The aggregate consideration to be paid to the members of ONE Nuclear (the “ONE Nuclear Members”) at the Closing is $1.00 billion (the “Base Purchase Price”). The Base Purchase Price will be paid entirely in stock, comprised of newly issued shares of common stock of New ONE Nuclear, par value $0.0001 per share (“New ONE Nuclear Common Stock”), at a price per share equal to the Redemption Price (as defined below). In addition, the ONE Nuclear Members will be entitled to receive up to an aggregate of 13.0 million additional shares of New ONE Nuclear Common Stock (“Earnout Shares”) in contingent consideration, subject to the achievement of certain New ONE Nuclear Common Stock share price milestones ( e.g., one-third of the Earnout Shares are issuable when the closing price of New ONE Nuclear Common Stock equals or exceeds $12.50, $15.00 and $17.50 per share), subject to