Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 372

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 372
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 in full of all amounts required to be paid to creditors and to any future holders of preferred stock having liquidation preferences, the holders of New ONE Nuclear Common Stock will be entitled to receive pro rata New ONE Nuclear’s remaining assets available for distribution.

New ONE Nuclear Preferred Stock

Under the terms of the New ONE Nuclear Charter, the New ONE Nuclear Board is authorized to direct New ONE Nuclear to issue shares of preferred stock in one or more series without stockholder approval. The New ONE Nuclear Board has the discretion to determine the rights, powers, preferences, privileges and restrictions, including voting rights, dividend rights, conversion rights, redemption privileges and liquidation preferences, of each series of preferred stock.

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The purpose of authorizing the New ONE Nuclear Board to issue preferred stock and determine its rights and preferences is to eliminate delays associated with a stockholder vote on specific issuances. The issuance of preferred stock, while providing flexibility in connection with possible acquisitions, future financings and other corporate purposes, could have the effect of making it more difficult for a third party to acquire, or could discourage a third party from seeking to acquire, a majority of the outstanding voting stock. Additionally, the issuance of preferred stock may adversely affect the holders of New ONE Nuclear Common Stock by restricting dividends on the New ONE Nuclear Common Stock, diluting the voting power of the New ONE Nuclear Common Stock or subordinating the liquidation rights of the New ONE Nuclear Common Stock. As a result of these or other factors, the issuance of preferred stock could have an adverse impact on the market price of the New ONE Nuclear Common Stock.

Anti-Takeover Provisions of the New ONE Nuclear Charter and the New ONE Nuclear Bylaws

The New ONE Nuclear Charter and the New ONE Nuclear Bylaws contain provisions that may delay, defer or discourage another party from acquiring control of New ONE Nuclear. New ONE Nuclear expects that these provisions, which are summarized below, will discourage coercive takeover practices or inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of New ONE Nuclear to first negotiate with the New ONE Nuclear Board, which may result in an improvement of the terms of any such acquisition in favor of the stockholders. However, they also give the New ONE Nuclear Board the power to discourage acquisitions that some stockholders may favor.

Authorized but Unissued Shares

The authorized but unissued shares of New ONE Nuclear Common Stock and preferred stock are available for future issuance without stockholder approval, subject to any limitations imposed by the listing standards of Nasdaq. These