Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 254

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 254
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 required information.

III. Non-U.S. Holders

As used in this section, a “Non-U.S. Holder” is a beneficial owner (other than a partnership or entity treated as a partnership for U.S. federal income tax purposes) of an HVII’s Class A ordinary shares or shares of New ONE Nuclear Common Stock, as applicable, who is not a U.S. Holder.

A. Tax Consequences of the Domestication to Non-U.S. Holders

The Domestication is not expected to result in any U.S. federal income tax consequences to a Non-U.S. Holder of HVII Class A Ordinary Shares unless the Domestication fails to qualify as an F Reorganization and such Non-U.S. Holder holds its HVII Class A Ordinary Shares in connection with the conduct of a trade or business in the United States (and, if required by an applicable income tax treaty, is attributable to a permanent establishment or fixed base that such Non-U.S. Holder maintains in the United States). Non-U.S. Holders will own stock of a U.S. corporation, i.e., New ONE Nuclear, rather than a non-U.S. corporation, i.e., HVII, after the Domestication.

Although the redemptions of Non-U.S. Holders that exercise Redemption Rights with respect to HVII Class A Ordinary Shares will occur prior to the Domestication, it is possible that the IRS could assert that for U.S. federal income tax purposes such redemptions should be treated as occurring after the Domestication. If such Redemptions are treated for U.S. federal income tax purposes as occurring after the Domestication, Non-U.S. Holders exercising Redemption Rights would be subject to the potential tax consequences of the Domestication. Non-U.S. Holders should consult their tax advisors regarding the possibility that the Redemptions are treated for U.S. federal income tax purposes as occurring after the Domestication despite the Redemptions occurring in form prior to the Domestication, including the U.S. federal income tax considerations to them of such treatment.

B. Tax Consequences to Non-U.S. Holders of Exercising Redemption Rights

The U.S. federal income tax consequences to a Non-U.S. Holder of HVII Class A Ordinary Shares that exercises its Redemption Rights will depend on whether the Redemption qualifies as a sale of shares redeemed, as described above under “ II. U.S. Holders — B. Tax Consequences to U.S. Holders of Exercising Redemption Rights — 1.