Hennessy Capital VII director converts 30,000 shares
The merger's sequential one-for-one conversions carried predecessor Class B ordinary shares into the successor company's common stock.
Rhea-AI Filing Summary
Hennessy Capital Investment Corp. VII (HVII), identified as the predecessor issuer, recorded a merger-related conversion by Poonam Sharma, a Director of Predecessor Issuer. On September 23, 2026, she disposed of 30,000 Class B ordinary shares and acquired 30,000 Class A ordinary shares through an automatic one-for-one conversion. The transaction reports 30,000 Class A ordinary shares following the conversion; under the merger terms, each Class A ordinary share then converted automatically one-for-one into a share of common stock of successor ONE Nuclear Energy Inc.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class B ordinary shares F1, F2, F4, F3 | 30,000 | $0.00 | $0.00 |
| Exercise | Class A ordinary shares F1, F3, F2, F4 | 30,000 | -- | -- |
Footnotes (4)
- F1. Pursuant to the business combination agreement dated October 22, 2025 (the "Merger Agreement"), among other things, at the closing of the transactions contemplated thereby (the "Closing," and the date on which the Closing occurred, the "Closing Date") and following the Domestication (as defined below), Hennessy Capital Investment Corp. VII, a Cayman Islands exempted company with limited liability (the "Predecessor Issuer"), was renamed "ONE Nuclear Energy Inc." ("Successor Issuer") and consummated its initial business combination with ONE Nuclear Energy LLC, a Delaware limited liability company ("ONE Nuclear"), with ONE Nuclear being the surviving company. Following the Closing, ONE Nuclear became a direct wholly-owned subsidiary of the Successor Issuer.
- F2. Pursuant to the Merger Agreement, on the Closing Date prior to the Closing, each then issued and outstanding Class B ordinary share, par value $0.0001 per share, of the Predecessor Issuer (each a "Class B Ordinary Share") converted (the "Sponsor Share Conversion") automatically, on a one-for-one basis, into one Class A ordinary share, par value $0.0001 per share, of the Predecessor Issuer (each a "Class A Ordinary Share").
- F3. Pursuant to the Merger Agreement, immediately after the Sponsor Share Conversion, the Predecessor Issuer transferred by way of continuation and deregistration to and domesticated as a Delaware corporation (such continuation and domestication, the "Domestication"). In connection with, and after giving effect to, the Domestication, each then issued and outstanding Class A Ordinary Share converted automatically, on a one-for-one basis, into one share of common stock, par value $0.0001 per share, of the Successor Issuer (each, a "Successor Share"), and the Successor Issuer became the successor issuer to the Predecessor Issuer. The conversion of the Class A Ordinary Shares into Successor Shares did not alter the proportionate interests of the security holders, and accordingly the conversion is exempt from Section 16 of the Securities Exchange Act of 1934, as amended.
- F4. The reporting person also has pecuniary interests in securities through her membership interest in HC VII Sponsor LLC, over which the reporting person does not have voting or dispositive control.
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Domestication technical
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