HVIIR

SPAC_Time

[Hennessy Capital Investment Corp. VII Shareholders Approve Business Combination with ONE Nuclear](https://www.businesswire.com/news/home/20260825660960/en/Hennessy-Capital-Investment-Corp.-VII-Shareholders-Approve-Business-Combination-with-ONE-Nuclear) \- HVII HVIIR HVII just issued press release, sounds like they plan to close the business combination. There is no minimum cash condition. "At the closing of the Business Combination, Hennessy VII will complete its previously disclosed domestication as a Delaware corporation, ONE Nuclear will become a direct, wholly-owned subsidiary of Hennessy VII, and Hennessy VII will be renamed “ONE Nuclear Energy Inc.” Its common stock is expected to trade on a national securities exchange under the ticker symbol “ONEN.” The closing of the Business Combination remains subject to the satisfaction or waiver of certain customary closing conditions, including exchange listing approval." Looks like [192,338 public shares after redemptions](https://www.reddit.com/r/Spacstocks/comments/1vxgcxe/hennessy_capital_investment_corp_vii_shareholders/), plus there are 19,690,000 HVIIR 1:12 ratio rights which will be exchanged for up to an aggregate of 1,640,833 shares of New ONE Nuclear Common Stock at the Closing.

SPAC_Time

[Hennessy Capital Investment Corp. VII Shareholders Approve Business Combination with ONE Nuclear Energy LLC](https://www.sec.gov/Archives/edgar/data/1846416/000149315226039917/form8-k.htm) \- HVII HVIIR In connection with the Extraordinary General Meeting, HVII shareholders submitted preliminary requests to redeem 18,807,662 Class A Ordinary Shares for a pro rata portion of the funds in HVII’s trust account. These preliminary requests remain subject to withdrawal or reversal with HVII’s consent prior to the Closing of the Business Combination. The Closing of the Business Combination remains subject to the satisfaction or waiver of applicable closing conditions, including the receipt of approval for listing on the Nasdaq Stock Market LLC, and may not occur. Accordingly, the final number of Class A Ordinary Shares to be redeemed, the aggregate redemption payment, the per-share redemption price, the proceeds remaining in HVII’s trust account, HVII’s post-closing cash and the post-closing public float cannot be determined until the Closing. HVII intends to disclose the final redemption results promptly following the Closing. "19,000,000 [shares subject to possible redemption at June 30, 2026](https://www.sec.gov/Archives/edgar/data/1846416/000149315226037362/form10-q.htm#:~:text=shares%20subject%20to%20possible%20redemption)" That leaves 192,338 public shares after redemptions.

SPAC_Time

This is different. Analyst coverage before the business combination closes? [Hennessy Capital Investment Corp. VII Announces Initiation of Analyst Coverage by Benchmark Company and May 6th Fireside Chat](https://www.businesswire.com/news/home/20260504745966/en/Hennessy-Capital-Investment-Corp.-VII-Announces-Initiation-of-Analyst-Coverage-by-Benchmark-Company-and-May-6th-Fireside-Chat) \- HVII HVIIR "Hennessy Capital Investment Corp. VII (NASDAQ: HVII) ("Hennessy VII") and ONE Nuclear Energy LLC ("ONE Nuclear"), an independent developer of large-scale energy solutions powered by natural gas and advanced nuclear technologies, today announced that The Benchmark Company, LLC, a subsidiary of StoneX Group Inc. (“Benchmark”), has initiated coverage of Hennessy VII in connection with its proposed business combination with ONE Nuclear, with a “Buy” rating and **a price target of $17.00 per share**."

kokatsu_na

>Since I've been out of the SPAC game for a while, any pre-da SPACs you'd give a 5 out of 5? Hmmm... this is difficult question. I'd say IPCX is a high-quality SPAC, but I'd not rate it 5, more like 4-4.5 out of 5 (no warrants, only rights). GTEN is good enough too, I'd rate it like 4-4.5 out of 5. Last one is probably HVII (no warrants, only rights). If you like rights, take a look at HVIIR - 1/12 of share, really attractive price of $0.3 cents/right. These are transparent SPACs without pitfalls and hostile to public investors conditions, they have experienced teams with proven track records.