Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 99

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 99
---
 or infrastructure projects of similar complexity, means that securing and retaining the properly qualified workforce may be difficult, time consuming, and/or require competitive bidding, representing significant cost and schedule risks to the project.

| 63 |

There is no guarantee that the planned construction, delivery, and performance of ONE Nuclear’s power projects or the equipment ONE Nuclear needs to generate electricity will be successful, timely, or on budget or that its third-party suppliers and contractors will deliver timely or on budget. There is no guarantee that ONE Nuclear’s facility pre-operational and startup testing, including tests mandated as license conditions by the NRC, will be successfully completed on-time. Furthermore, ONE Nuclear may experience delays, operational or process failures, repair down-times and other problems during its first commercial deployment or any planned deployment thereafter. In addition, there can be no assurance that the construction of ONE Nuclear’s power generation facilities will be completed at the cost and on the timeline ONE Nuclear expects. ONE Nuclear will depend on third-party contractors to perform many of the essential activities needed to complete and deploy its power projects. ONE Nuclear will not control the performance of these contractors and its contracts with them may not provide adequate remedies if they fail to perform. ONE Nuclear does not currently employ any risk sharing structures to mitigate the risks associated with the construction, delivery and performance of its facilities. Any delays or setbacks ONE Nuclear may experience for its first operational project, as well as any failure to obtain final investment decisions for future orders could have a material adverse effect on its business prospects, financial condition, results of operations and cash flows and could harm its reputation.

ONE Nuclear may not receive the full amount of tax abatements or other incentives expected from the jurisdictions in which its projects are located.

ONE Nuclear expects to apply for property tax abatement with many of the jurisdictions in which its power projects are or will be located, which abatement may not be approved on the terms requested, or at all. A denial or reduction of such incentives could impact projected project economics and delay or limit available capital for reinvestment in ONE Nuclear’s sites. Even if approved, abatement eligibility may be subject to ongoing compliance with construction timelines, workforce commitments, and property valuation methodologies.

Risks Related to Regulatory Environment and Energy Generation

Nuclear energy development is subject to extensive regulation and uncertainty, which could materially delay or impair ONE Nuclear’s business.

ONE Nuclear’s business depends heavily on the successful execution of a development plan that includes the identification, development, construction and operation over time of multiple power generation projects, including nuclear reactors and gas-fired