Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 183

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 183
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’s services, CCM
is entitled to receive (i) a $500,000 cash transaction fee payable upon the closing of HVII’s initial business combination (subject
to dollar-for-dollar reduction to the extent CCM’s Deferred Underwriting Commission is in excess of $2.0 million); (ii) 150,000
common shares (or equivalent equity) of the publicly listed post-business combination company (to be issued upon closing of HVII’s
initial business combination); and (iii) 5.0% of the gross proceeds raised from investors or other third parties identified by CCM and
received by HVII or the target upon closing of the PIPE Investment or other capital raising transaction.

The HVII Board of Directors’ Reasons for the Approval of the Business Combination

Before unanimously approving the Business Combination Agreement and the Transactions and determining that the Transactions are in the best interests of HVII and its shareholders, the HVII Board reviewed the results of the due diligence conducted by its management team and HVII’s advisors, which included:

| ● | research                                                                                     
 on comparable companies and transactions within the industrial technology, energy transition 
 and nuclear energy generation sectors;                                                       |

| ● | research                                                                                     
 on the natural gas and nuclear energy generation sectors within the United States, including 
 industry trends, cycles, market growth opportunities, short- and long-term demand drivers,   
 recent and expected technological developments and projections, including meaningful reviews 
 by HVII’s management team of approximately 20 different opportunities in the industrial      
 technology, energy transition and nuclear energy generation sectors;                         |

| 119 |

| ● | extensive                                                                                          
 meetings and calls with ONE Nuclear’s management team and its representatives regarding,           
 among other matters, ONE Nuclear’s planned operations, business plan, expected and                 
 potential commercial counterparties, pipeline opportunities, go-to-market strategy, nuclear        
 technology options and strategies, regulatory overlay and operational, financing and developmental 
 risks; and ONE Nuclear’s capital requirements, financial plan and financial prospects;             |

| ● | review                                                                             
 of ONE Nuclear’s regulatory matters, personnel, strategic collaboration agreements 
 and commercial opportunities;                                                      |

| ● | consultation                                                
 with legal and financial advisors and industry experts; and |

| ● | extensive                                                                                  
 third-party due diligence, including commercial due diligence with ONE Nuclear’s planned   
 commercial partners, industry assessments of the natural gas and nuclear energy generation 
 sectors in the United States and customary confirmatory due diligence, including financial 
 and accounting, legal, tax, and risk management due diligence.                             |

In