Recent Updates — HVII

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.

ONE Nuclear Energy Inc., formerly Hennessy Capital Investment Corp. VII, closed its business combination with ONE Nuclear Energy LLC on September 23, 2026, resulting in the company's domestication as a Delaware corporation and renaming to ONE Nuclear Energy Inc. The combined entity commenced trading on Nasdaq under the ticker symbol "ONEN" on September 24, 2026. In connection with the closing, HVII redeemed 13,809,029 Class A ordinary shares for approximately $10.61 per share, totaling an aggregate payment of roughly $146.5 million, leaving approximately $2.2 million in the trust account. The transaction positions ONE Nuclear to advance a 5 GW portfolio of nuclear, natural gas, and battery storage projects, including Project Amberjack (up to 1 GW SMR), Project Cayman (2.88 GW natural gas plus storage), and Project Barracuda (1.2 GW natural gas plus storage). The company operates in the advanced nuclear energy and large-scale infrastructure development sector.

Hennessy Capital Investment Corp. VII entered into a forward purchase agreement with New Circle Capital Solutions LP to facilitate a prepaid share forward transaction for up to 5,000,000 Class A ordinary shares of the SPAC. The seller is prepaid an aggregate cash amount equal to the number of shares multiplied by the per-share redemption price at the closing of the business combination with ONE Nuclear Energy LLC. As of September 18, 2026, shareholders had submitted redemption requests for approximately 18,796,132 shares, with a redemption price of roughly $10.60 per share. The agreement includes termination rights and waives seller redemption rights during the term. Hennessy Capital Investment Corp. VII operates as a blank check company in the financial services industry focused on effecting a merger or acquisition.

Hennessy Capital Investment Corp. VII filed an 8-K announcing the Third Omnibus Agreement with ONE Nuclear Energy LLC and Solis Merger Sub LLC on August 7, 2026. This amendment to the Business Combination Agreement extends the outside date for consummating the transaction from August 15, 2026, to September 30, 2026. The maturity date of the Promissory Note is also extended to September 30, 2026. Additionally, the maximum aggregate principal amount of loan advances under the Promissory Note increases from $316,975.00 to $620,000.00. The SEC declared the related Registration Statement effective on August 3, 2026, and a Proxy Statement will be mailed to shareholders with a record date of July 31, 2026. Hennessy Capital Investment Corp. VII is a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, or other business combination with ONE Nuclear Energy LLC in the nuclear energy industry.