Mergers & Acquisitions ·
ONE Nuclear Energy completes $1.0 billion business combination with HVII, begins Nasdaq trading under ONEN
HVIIONE Nuclear Energy Inc.
On September 23, 2026, Hennessy Capital Investment Corp. VII completed its business combination with ONE Nuclear Energy LLC, resulting in the SPAC's domestication to Delaware and renaming as ONE Nuclear Energy Inc. The transaction involved a $1.0 billion valuation for ONE Nuclear members, who received 94,253,842 shares of common stock, plus up to 13.0 million earnout shares contingent on price milestones. Approximately 13.8 million HVII public shares were redeemed for ~$146.5 million, leaving 5,190,971 shares outstanding and $1.7 million in the trust account. New ONE Nuclear Common Stock began trading on Nasdaq under symbol ONEN on September 24, 2026, with 108,258,979 total shares issued and outstanding. The company operates as a development-stage independent power producer focused on behind-the-meter microgrids and advanced small modular reactors for AI data centers.