Hennessy Capital Investment Corp VII Stock Price, News & Analysis

ONE Nuclear Energy (to list as ONEN) will become a public company through a business combination with Hennessy Capital Investment Corp. VII (NASDAQ: HVII), expected to close in H1 2026. The transaction provides up to $210 million in gross proceeds (including up to $195 million in HVII trust cash) and values ONE Nuclear at a $1.0 billion pre-money equity value, implying a pro-forma enterprise value of ~$1.1 billion and pro-forma equity value of ~$1.3 billion (assuming no redemptions and including $15 million anticipated PIPE).

ONE Nuclear targets fast-track gas generation of 2 GW by 2028, advanced SMR nuclear capacity of 3 GW by 2034, and a development pipeline up to 15 GW by 2032. The combined company will trade on Nasdaq under ONEN.

Hennessy Capital Investment Corp. VII (NASDAQ: HVIIU) has announced that starting February 6, 2025, investors who hold units from the company's initial public offering will have the option to trade Class A ordinary shares and rights separately. The separated components will trade on the Nasdaq Global Market under distinct symbols: 'HVII' for Class A ordinary shares and 'HVIIR' for rights.

Unit holders who wish to separate their holdings must have their brokers contact Odyssey Transfer and Trust Company, the company's transfer agent. Units that remain unseparated will continue trading under the symbol 'HVIIU'. The company has emphasized that this announcement does not constitute an offer to sell or solicitation to buy securities, particularly in jurisdictions where such transactions would be unlawful without proper registration or qualification.

Hennessy Capital Investment Corp. VII (NASDAQ: HVIIU) has successfully completed its initial public offering (IPO) of 19,000,000 units at $10.00 per unit, raising $190 million in gross proceeds. The offering included 1,500,000 units from the partial exercise of the underwriters' over-allotment option.

Each unit comprises one Class A ordinary share and one right to receive one-twelfth of one Class A ordinary share upon completing an initial business combination. The units began trading on Nasdaq under 'HVIIU' on January 17, 2025, with the Class A shares and rights to later trade separately under 'HVII' and 'HVIIR' respectively.

The SPAC, led by Chairman and CEO Daniel J. Hennessy, aims to focus on merger opportunities in the industrial technology and energy transition sectors. Cohen & Company Capital Markets served as lead book-running manager, with Clear Street and Loop Capital Markets as co-book runners. The entire IPO proceeds of $190 million have been placed in trust.

Hennessy Capital Investment Corp. VII has announced the pricing of its initial public offering (IPO) of 17,500,000 units at $10.00 per unit, totaling $175,000,000. The units will trade on Nasdaq under symbol HVIIU starting January 17, 2025.

Each unit comprises one Class A ordinary share and one right to receive one-twelfth of a Class A ordinary share upon business combination completion. After separate trading begins, shares and rights will trade under HVII and HVIIR respectively.

The SPAC, founded by Daniel J. Hennessy, aims to pursue merger opportunities in industrial technology and energy transition sectors. The offering is expected to close January 21, 2025, with underwriters having a 45-day option to purchase up to 2,625,000 additional units for over-allotments.