Company: HVIIR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023499
Chunk: 37

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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 billion equity valuation of ONE Nuclear
and an all-stock combination transaction (the “Proposed Business Combination). ONE Nuclear is an independent developer of large-scale
energy solutions powered by natural gas and advanced nuclear small modular reactor (SMR) technologies.

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 (the “Domestication”)
and (ii) Merger Sub will merge with and into ONE Nuclear (the “Merger”), with ONE Nuclear being the surviving entity of the
Merger and becoming a direct, wholly-owned subsidiary of HVII. Upon closing of the Merger (the “Closing,” and the date on
which the Closing occurs, the “Closing Date”), 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.” Following the Closing, HVII’s shares of common
stock following the Domestication (“Common Stock”) are expected to trade on Nasdaq under the ticker symbol “ONEN.”

The
Closing will occur no later than the third business day following the satisfaction or waiver of all of the closing conditions, or at
such other time or in such other manner as agreed upon by HVII and ONE Nuclear in writing.

The
obligations of the parties to consummate the Merger and the other transactions contemplated by the Business Combination Agreement (collectively,
the “Transactions”) are subject to the satisfaction or waiver (where permissible) at or prior to the Closing of customary
closing conditions set forth in the Business Combination Agreement, including: (i) approval of the Transactions by the shareholders of
HVII and the equityholders of ONE Nuclear; (ii) the registration statement on Form S-4 (the “Registration Statement”) having
become effective under the Securities Act of 1933, as amended (the “Securities Act”); (iii) HVII’s shares of Common
Stock to be issued in connection with the Transactions will be conditionally approved for listing upon the Closing on Nasdaq subject
to any requirement to have a sufficient number of round lot holders of Common Stock; (iv) no governmental authority of competent jurisdiction
will have enacted, issued, promulgated, enforced or entered any law or governmental order that is then in effect that makes the Merger
illegal or otherwise prevents or prohibits