Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 190

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 190
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 |   |  89.2 | % |     |             | 110,370,983 |     |   |  92.8 | % |
| Total                      |     |                                 | 138,035,149 |     |   | 100.0 | % |     |             | 133,285,149 |     |   | 100.0 | % |     |             | 128,535,149 |     |   | 100.0 | % |     |             | 123,785,149 |     |   | 100.0 | % |     |             | 119,035,149 |     |   | 100.0 | % |

| (1) | This table makes the same assumptions as in the preceding ownership table, except that this table                                      
 assumes the issuance of the maximum amount of 13,000,000 Earnout Shares. During the two-year period beginning on the first anniversary 
 of the Closing Date and ending on the third anniversary of the Closing Date, HVII may issue up to 13,000,000 additional shares of New  
 ONE Nuclear Common Stock as contingent Earnout Shares consideration to the equity holders of ONE Nuclear, subject to the achievement   
 of certain share price milestones.                                                                                                     |

In addition to the changes in percentage ownership depicted above, variation in the levels of redemptions will impact the dilutive effect of certain equity issuances related to the Business Combination, which would not otherwise be present in an underwritten public offering. Increasing levels of redemptions will increase the dilutive effect of these issuances on non-redeeming holders of the HVII Public Shares.

All of the relative percentages above are for illustrative purposes only and are based upon certain assumptions as described in the section entitled “ Frequently Used Terms” and, with respect to the determination of the “Maximum Redemptions,” the section entitled “ Unaudited Pro Forma Condensed Combined Financial Information.” Should one or more of the assumptions prove incorrect, actual ownership percentages may vary materially from those described in this proxy statement/prospectus as anticipated, believed, estimated, expected or intended. See “ Unaudited Pro Forma Condensed Combined Financial Information.”

| 128 |

Anticipated Accounting Treatment

The Business Combination will be accounted for as a reverse recapitalization in accordance with GAAP. Under this method of accounting, although HVII will acquire all of the outstanding equity interests of ONE Nuclear in the Business Combination, HVII will be