Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 85

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 85
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 that definitive agreements with such business partners will be executed or, if executed, that the terms of such definitive agreements will not vary materially from those described herein. In addition, unless and until a definitive agreement is entered into with Blackstart or MSB, ONE Nuclear has no rights to the sites. If ONE Nuclear is unable to enter into a definitive agreement with Blackstart or MSB with respect to the sites, the ONE Nuclear expects to explore alternative locations and arrangements for the deployment of ONE Nuclear’s business plan, though no assurances can be made such efforts will be successful.

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<div align='center'>RISK FACTORS</div>

Risks Related to ONE Nuclear’s Business and Industry

ONE Nuclear is a development-stage company with no operating history or historical revenue, and ONE Nuclear faces execution risk across all major components of its business.

The ONE Nuclear project began in 2022, formally incorporated in the first quarter of 2025 and is currently in the early stages of developing its first power projects. ONE Nuclear has not generated any revenue to date and does not expect to do so until its first power project becomes operational, which ONE Nuclear expects will not occur until 2028. Given ONE Nuclear’s early stage of development, it is difficult to predict what results ONE Nuclear might ultimately achieve. While ONE Nuclear presents “illustrative returns” in this prospectus/proxy statement, these returns are not projections for future operating results but what ONE Nuclear believes to be illustrative of potential returns based on information available to ONE Nuclear as of the date of the prospectus/proxy statement. ONE Nuclear’s ability to achieve its illustrative returns and business strategy depends on, among other things, its ability to construct, permit, finance, and operate large-scale infrastructure nuclear and natural gas power projects. If ONE Nuclear fails to timely deliver and make operational its power projects on budget, on time or at all, its business may prove unsuccessful.

ONE Nuclear has not yet constructed any power projects. Many of the necessary contracts with landowners, equipment providers or other partners have yet to be executed, and there is no guarantee that ONE Nuclear will be able to do so in the future. ONE Nuclear’s limited commercial operating history makes it difficult to evaluate its prospects, and the risks and challenges ONE Nuclear may encounter. Any delays or setbacks ONE Nuclear may experience could have a material adverse effect on its business, financial condition and results of operations, and could harm its reputation.

ONE Nuclear’s business plan to develop, construct, own and operate power projects depends on, among other