Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 252

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 252
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 small minority stockholder in a publicly held corporation where such stockholder exercises no control over corporate affairs may constitute such a “meaningful reduction”.

If none of the foregoing tests are satisfied, then the redemption of shares will be treated as a distribution with respect to the shares, the U.S. federal income tax consequences of which are described below under will be as described below under the section entitled “ — 2. Taxation of Redemption Treated as a Distribution”. After the application of those rules, any remaining tax basis of the U.S. Holder in the redeemed shares will be added to the U.S. Holder’s adjusted tax basis in its remaining HVII Ordinary Shares.

U.S. Holders who hold different blocks of shares (including as a result of holding different blocks of HVII Class A Ordinary Shares purchased or acquired on different dates or at different prices) should consult their tax advisors to determine how the above rules apply to them.

ALL U.S. HOLDERS ARE URGED TO CONSULT THEIR TAX ADVISORS AS TO THE TAX CONSEQUENCES TO THEM OF A REDEMPTION OF ALL OR A PORTION OF THEIR HVII ORDINARY SHARES PURSUANT TO AN EXERCISE OF REDEMPTION RIGHTS.

C. Tax Consequences of Ownership and Disposition of Shares of New ONE Nuclear Common Stock

1. Taxation of Distributions

In general, distributions of cash or other property to U.S. Holders of shares of New ONE Nuclear Common Stock (other than certain distributions of shares of New ONE Nuclear stock or rights to acquire shares of New ONE Nuclear stock) generally will constitute dividends for U.S. federal income tax purposes to the extent paid from New ONE Nuclear’ s current or accumulated earnings and profits, as determined under U.S. federal income tax principles. Distributions in excess of current and accumulated earnings and profits will constitute a return of capital that will be applied against and reduce (but not below zero) the U.S. Holder’s adjusted tax basis in its shares of New ONE Nuclear Common Stock. Any remaining excess will be treated as gain realized on the sale or other disposition of the shares of New ONE Nuclear Common Stock and will be treated as described below under the section entitled “ — 2. Sale, Taxable Exchange or Other Taxable Disposition of Shares of New ONE Nuclear Common Stock”.

Dividends paid to a U.S. Holder that is treated as a taxable corporation for U.S. federal income tax purposes generally will qualify for the dividends received deduction if the requisite holding period is satisfied. With certain exceptions (