Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 188

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 188
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 outstanding shares of New ONE Nuclear Common Stock and public         
 shareholders, including the investors in the $15 million PIPE Investment, would own approximately 
 6% of the outstanding shares of New ONE Nuclear Common Stock. The pro forma ownership percentages 
 of the preceding sentence exclude the Earnout Shares and shares of New ONE Nuclear Common         
 Stock issuable under the ONE Nuclear Equity Incentive Plan but include the shares of New          
 ONE Nuclear Common Stock issuable in respect of the outstanding HVII Public Rights. While         
 existing HVII shareholders will collectively be minority shareholders of New ONE Nuclear,         
 this is reflective of the existing ONE Nuclear equityholders’ agreement to an all-stock           
 merger, which helps preserve cash proceeds from the Trust Account and the PIPE Investment         
 at the Closing for investment in New ONE Nuclear’s future business plans and growth               
 strategies. Existing ONE Nuclear equityholders are not selling their equity positions in          
 connection with the Business Combination as there is no cash component of the consideration,      
 which the HVII Board believed reflects such equityholders’ belief in and commitment               
 to the continued growth prospects of ONE Nuclear going forward.                                   |

| ● | Lock-Up.                                                                                      
 All of the existing ONE Nuclear equityholders, the Sponsor, and the other holders of Founder  
 Shares will be restricted from transferring their shares of New ONE Nuclear Common Stock      
 for six months following the Closing, subject to certain early release and permitted transfer 
 exceptions as further described in the section of this proxy statement/prospectus entitled    
 “Certain Agreements Related to the Business Combination — Lock-Up Agreements.”                |

| ● | Terms                                                                                             
 and Conditions of the Business Combination Agreement. In addition to the attractive market        
 valuation of the financial terms of the Business Combination Agreement, the HVII Board considered 
 the other terms and conditions of the Business Combination Agreement, including the nature        
 and scope of the closing conditions and the likelihood of obtaining any necessary regulatory      
 approvals and the arm’s length negotiations between HVII and ONE Nuclear.                         |

| ● | Other                                                                                     
 Alternatives. The HVII Board believes, after a review of other opportunities reasonably   
 available to HVII, that the proposed Business Combination represents an optimal potential 
 business combination opportunity for HVII.                                                |

| 122 |

The HVII Board also gave consideration to a variety of uncertainties and risks and other potentially negative factors concerning the Transactions, including, but not limited to, the following negative factors, which are not necessarily presented in the order of relative importance:

| ● | Macroeconomic                                                                            
 Risks: Macroe