Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 153

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 153
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 of and for the period from February 10, 2025 (inception) through September 30, 2025, which are included elsewhere in this proxy statement/prospectus. This information should be read together with HVII’s and ONE Nuclear’s audited and unaudited financial statements, and related notes, the sections titled “ Management’s Discussion and Analysis of Financial Condition and Results of Operations of HVII” and “ Management’s Discussion and Analysis of Financial Condition and Results of Operations of ONE Nuclear” and other financial information included elsewhere in this proxy statement/prospectus.

Description of the Business Combination

On October 22, 2025, HVII, Merger Sub, and ONE Nuclear, entered into the Business Combination Agreement that contemplates a $1.0 billion equity valuation of ONE Nuclear and an all-stock combination transaction. Pursuant to the Business Combination Agreement, the parties thereto will enter into a business combination transaction by which, among other things, (i) HVII will transfer by way of continuation and deregistration to and domesticate as a Delaware corporation and (ii) Merger Sub will merge with and into ONE Nuclear, with ONE Nuclear being the surviving entity of the Merger and becoming a direct, wholly-owned subsidiary of HVII. Upon closing of the Merger, ONE Nuclear will become a direct, wholly-owned subsidiary of HVII, and HVII will be a publicly traded company operating under the name “ONE Nuclear.”

The Domestication

Subject to satisfaction or waiver of the closing conditions of the Business Combination Agreement, prior to the Closing on the Closing Date, the following events will occur in connection with HVII changing its jurisdiction of organization from the Cayman Islands to Delaware:

(a) each then issued and outstanding Class B Ordinary Share of HVII, par value $0.0001 per share will convert automatically, on a one-for-one basis, into one Class A Ordinary Share of HVII, par value $0.0001 per share;

(b) immediately after the Sponsor Share Conversion, HVII will transfer by way of continuation and deregistration to and domesticate as a Delaware corporation; and

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(c) in connection with, and after giving effect to, the Domestication, (i) each then issued and outstanding Class A Ordinary Share will convert automatically, on a one-for-one basis, into one share of HVII Domesticated Common Stock, par value $0.0001 per share, (ii) each then issued and outstanding right of HVII will convert automatically into a