Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 361

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 361
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 (“ASPM”). Mr. Menna is one of two members of ASPM. Pursuant to the agreement, ASPM has been engaged to help ONE Nuclear identify, contact, and introduce real estate and data center developers who may be interested in collaborating with the company. ASPM will arrange and participate in these introductions and provide strategic advice on implementing SMR nuclear development programs in connection with data center projects in the United States. Pursuant to the terms of the agreement, ASPM will receive a fee of $3,000,000 for each Rolls-Royce SMR ordered as a result of an introduction made by ASPM, provided certain participation criteria are met. As of the date of this proxy statement/prospectus, no payment has been made to ASPM pursuant to the ASPM Agreement.

Promissory Note and Personal Guarantees

On December 19, 2025, ONE
Nuclear issued a promissory note to HVII (the “Note”). Under the terms of the Note, ONE Nuclear may request from HVII up
to an aggregate of $300,000 (collectively, the “Advances”), solely to pay expenses incurred in connection with third-party
legal, accounting, and audit services, including, without limitation, expenses related to the preparation, filing, and review of ONE
Nuclear’s financial statements, regulatory filings, and other related corporate and compliance matters.

In consideration of HVII’s
commitment to make available up to $300,000 for Advances under the Note and to compensate HVII for any and all outstanding Advances,
ONE Nuclear agreed to pay to HVII a monthly non-refundable fee equal to $10,000 (the “Commitment Fee”), which fee shall be
fully earned by HVII and paid in-kind in arrears, on the last calendar day of each month until the Maturity Date and on the Maturity
Date, in each case pro-rated for any partial period. The aggregate amount of capitalized Commitment Fees, collectively with the aggregate
unpaid principal amount of all Advances, is referred to as, the “Obligations.” “Maturity Date” means the earlier
of (i) March 31, 2026, (ii) the date upon which all or any part of the Obligations have been declared or automatically have become due
and payable (whether by acceleration or otherwise), and (iii) the date upon which the Business Combination or any third-party bridge
financing, outside financing or similar