Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 174

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 174
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 its directors, officers, or anyone on its behalf, selected any specific target business or initiated any discussions, directly or indirectly, with any target business with respect to a transaction with HVII. While HVII may pursue an acquisition opportunity in any business, industry, sector or geographical location, HVII focused its search on target businesses that would satisfy the criteria set forth in HVII’s final prospectus for the IPO (as described in the section of this proxy statement/prospectus entitled “ Business Of HVII and Certain Information About HVII — Acquisition Criteria”), which included target businesses that (i) have an expected aggregate enterprise value of $500 million or greater, (ii) operate in large addressable markets within the industrial technology and energy transition sectors, (iii) are poised for scalable, sustainable growth with distinct intellectual property and highly defensible, differentiated technology, (iv) have an experienced management team and (v) and would benefit from being publicly traded and can effectively utilize the broader access to capital and public profile that are associated with being a publicly traded company.

From the IPO closing date through the execution of the Business Combination Agreement on October 22, 2025, HVII’s management team considered a number of potential target companies with the objective of consummating an acquisition. Representatives of HVII contacted, and were contacted by, a number of individuals and entities who offered to present ideas for acquisition opportunities, including financial advisors and companies within the industrial technology and energy transition sectors. As part of its evaluation of potential acquisition targets, HVII’s management and the HVII Board discussed the status of HVII management’s and its representatives’ discussions with various acquisition targets. These updates generally addressed the potential targets under consideration and the status of the discussions, if any, with the respective acquisition targets. These updates continued throughout the period of time when HVII was evaluating various acquisition targets. HVII’s management team compiled a list of high priority potential targets and continuously updated and maintained this list throughout its search process.

During that period, HVII’s management team and representatives of HVII:

| ● | identified                                                                             
 and evaluated over 160 potential acquisition target companies (including ONE Nuclear); |

| ● | completed                                                                        
 meaningful reviews of 37 different opportunities in the industrial technology,   
 energy transition and nuclear energy generation sectors (including ONE Nuclear); |

| ● | entered                                                                                       
 into non-disclosure agreements with 42 potential acquisition targets (including ONE Nuclear); |

| 114 |

| ● | provided                                                                                   
 an initial non-binding indication of interest to 10