ONE Nuclear Energy HVIIU

Hennessy Capital Investment Corp. VII is a special purpose acquisition company incorporated as a Cayman Islands exempted company with limited liability on September 27 2024. The company was formed for the sole purpose of effecting a merger share exchange asset acquisition share purchase reorganization or similar business combination with one or more businesses. It has not yet identified a target for its initial business combination. The company’s stated focus is on industries that complement the background of its management team specifically the industrial technology and energy transition sectors. Hennessy Capital Investment Corp. VII intends to seek a target with an expected aggregate enterprise value of five hundred million dollars or greater. The company completed its initial public offering on January 21 2025 and raised gross proceeds of one hundred ninety million dollars. It simultaneously completed a private placement of six hundred ninety thousand units generating additional gross proceeds of six million nine hundred thousand dollars.

Hennessy Capital Investment Corp. VII does not generate revenue from the sale of goods or services prior to completing a business combination. The net proceeds from its initial public offering and the private placement are deposited in a trust account located in the United States. The trust account funds are invested exclusively in U. S. government treasury obligations with a maturity of one hundred eighty five days or less or in money market funds that meet the conditions of Rule 2a-7 under the Investment Company Act. These investments generate interest income which accrues to the trust account. The company may also receive proceeds from forward purchase agreements backstop arrangements or other financing sources if it chooses to use them as consideration for a business combination. No operating revenue is reported in the company’s financial statements because it has not yet commenced any active business operations.

Hennessy Capital Investment Corp. VII competes in a crowded marketplace of special purpose acquisition companies that seek to raise capital and find suitable targets for merger. Its competitors include other SPACs sponsored by various financial institutions private equity groups leveraged buyout funds and operating companies that pursue strategic acquisitions. The company’s competitive advantages stem from the depth of experience of its management team which has been involved in thirteen prior business combinations spanning six continents and multiple industries. The board of directors comprises individuals with backgrounds in public company governance finance operations and sector specific knowledge of industrial technology and energy transition. Hennessy Capital Investment Corp. VII also benefits from an established network of third party advisors that assist with target identification due diligence and value creation planning. The management team emphasizes a partnership approach with target management and aims to create value through operational improvements and access to public markets.

Because Hennessy Capital Investment Corp. VII has not yet completed a business combination it does not serve customers in the traditional sense of selling products or services to end users. The company’s primary constituents are the public shareholders who purchased units in its initial public offering and the sponsor and underwriters who participated in the private placement. These stakeholders provided the capital that is held in trust and will be used to fund a potential acquisition. After a business combination is completed the resulting enterprise will serve customers depending on the nature of the acquired business which the company expects to be in the industrial technology and energy transition fields. Until such time the company has no customer base to report.