Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 10

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 10
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 Risk Factors— Risks Related to HVII and the Business Combination— HVII Public Shareholders will experience immediate dilution as a consequence of the issuance of shares of New ONE Nuclear Common Stock as consideration in the Business Combination and due to future issuances pursuant to the Incentive Plan and the HVII Rights. Having a minority stock ownership position may reduce the influence that current HVII Shareholders have on the management of New ONE Nuclear.”

Redemption Rights for HVII Class A Ordinary Shares

Pursuant to HVII’s amended and restated memorandum and articles of association, HVII is providing the holders of HVII Class A Ordinary Shares originally sold as part of the units issued in the IPO (the “HVII Public Shares” and such holders, the “HVII Public Shareholders”) with the opportunity to redeem, upon the Closing, a HVII Public Share then held by them for cash equal to the aggregate amount then on deposit in the trust account (the “Trust Account”) that holds the proceeds (including interest not previously released to HVII for permitted withdrawals) from the IPO and a concurrent private placement of units to the Sponsor and the IPO Underwriters, calculated as of two (2) business days prior to the consummation of the Business Combination, including interest earned on the Trust Account (such interest shall be net of taxes payable) and not previously released to HVII to pay its taxes, divided by the number of then issued HVII Public Shares, calculated in accordance with HVII’s amended and restated memorandum and articles of association (the “Redemption Price”). For illustrative purposes, based on funds in the Trust Account of approximately $196.40 million (after giving effect to permitted withdrawals and franchise and income taxes payable) on November 30, 2025, the estimated per share Redemption Price would have been approximately $10.34. HVII Public Shareholders may elect to redeem their shares whether or not they are holders as of the record date and whether or not they vote for the Business Combination Proposal.

Notwithstanding the foregoing redemption rights, an HVII Shareholder, together with any of his, her or its affiliates or any other person with whom he, she or it is acting in concert or as a “group” (as defined under Section 13(d)(3) of the Securities Exchange Act of 1934, as amended), will be restricted from redeeming in the aggregate his, her or its shares or, if part of such a group, the group’s shares, in excess of 15