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

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 4
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 certain conditions and limitations. See “ The Business Combination Agreement — Consideration; Conversion of Securities — Company Earnout” for further information on the contingent consideration payable to the ONE Nuclear Members.

On the Closing Date prior to Closing, (a) each then issued and outstanding Class B ordinary share, par value $0.0001 per share, of HVII (each an “HVII Class B Ordinary Share”) will convert (the “Sponsor Share Conversion”) automatically, on a one-for-one basis, into one Class A ordinary share, par value $0.0001 per share, of HVII (each an “HVII Class A Ordinary Share” and together with the HVII Class B Ordinary Shares, the “HVII Ordinary Shares”); (b) immediately after the Sponsor Share Conversion, HVII will transfer by way of continuation and deregistration to and domesticate as a Delaware corporation (such continuation and domestication, the “Domestication”); and (c) in connection with, and after giving effect to, the Domestication, (i) each then issued and outstanding HVII Class A Ordinary Share will convert automatically, on a one-for-one basis, into one share of New ONE Nuclear Common Stock, (ii) each then issued and outstanding HVII right will convert automatically into a right to acquire one-twelfth (1/12) of one share of New ONE Nuclear Common Stock at Closing (each a “Domesticated HVII Right”), and (iii) each then issued and outstanding unit of HVII will be cancelled, and one share of New ONE Nuclear Common Stock and one Domesticated HVII Right will be issued in respect thereof. For more information regarding the Domestication, see the section of the accompanying proxy statement/prospectus entitled “ Proposal No. 2 – The Domestication Proposal”.

HVII’s units, HVII Class A Ordinary Shares and HVII Rights are currently listed on the Nasdaq Global Market under the symbols “HVIIU,” “HVII,” and “HVIIR,” respectively. Shares of New ONE Nuclear Common Stock are expected to trade on the Nasdaq under the ticker symbol “ONEN” following the Closing. At the Closing, each twelve Domesticated HVII Rights will convert into one share of New ONE Nuclear Common Stock, and therefore there will be no Nasdaq listing of Domesticated HVII Rights following the consummation of the Business Combination.

In connection with the execution of the Business Combination Agreement, certain of the ONE Nuclear Members, HVII and ONE Nuclear entered into