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HVII

Hennessy Capital Investment Corp. VII

HVII

Hennessy Capital Investment Corp. VII • NASDAQ
$10.38 ▲ 0.10% (+0.01)
Market Cap $270.12 M
52w High $10.99
52w Low $9.81
Dividend Yield 0%
P/E 0
Volume 5.55K
Outstanding Shares 26.02M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $819.219K ▲ $1.192M ▼ 0% $0.05 ▼ $0 ▲
Q2-2025 $0 $448.91K ▼ $1.521M ▲ 0% $0.058 ▲ $-448.91K ▼
Q1-2025 $0 $489.035K ▲ $1.018M ▲ 0% $0.05 ▲ $1.018M ▲
Q4-2024 $0 $47.952K ▲ $-47.952K ▼ 0% $-0.002 ▼ $-47.952K ▼
Q3-2024 $0 $15.301K $-15.301K 0% $-0.001 $-15.301K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.623M ▼ $196.905M ▲ $8.955M ▲ $-7.256M ▼
Q2-2025 $1.861M ▼ $195.29M ▲ $8.532M ▲ $186.759M ▲
Q1-2025 $2.044M ▲ $193.709M ▲ $8.47M ▲ $185.238M ▲
Q3-2024 $25K $86.56K $76.861K $9.699K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.76M ▲ $-625.603K ▼ $239.525K ▲ $-55.42K ▼ $-421.493K ▼ $-625.603K ▼
Q1-2025 $1.018M ▲ $-488.511K ▼ $-190M ▼ $192.513M ▲ $2.024M ▲ $-488.511K ▼
Q4-2024 $-47.952K $-35.415K $0 $55.42K $20.005K $-35.415K

Five-Year Company Overview

Income Statement

Income Statement HVII is essentially a blank-check company at this stage. The financials you provided show no meaningful revenue, profit, or operating activity. That fits a typical SPAC profile: its purpose is to raise cash and then merge with a target (here, ONE Nuclear Energy), not to run an operating business of its own. From an income-statement perspective, the future will depend almost entirely on how quickly and successfully ONE Nuclear can move from project development to actual power sales and long-term contracts. Until then, you should expect limited recurring income and potentially lumpy costs related to transaction and development work.

Balance Sheet

Balance Sheet The reported balance sheet data is effectively a placeholder, with no detail on assets, cash, or equity. In practice, a SPAC like HVII tends to have a very simple structure: mostly cash held in trust from the IPO, offset by modest liabilities and shareholder equity. The real shift in the balance sheet will come when the merger closes. At that point, you can expect a transformation from a cash shell into a capital-intensive energy developer, with large project-development assets, potentially meaningful debt, and a long-term need for additional funding for nuclear and gas infrastructure. The balance sheet risk will rise as fixed assets and leverage increase over time.

Cash Flow

Cash Flow Current cash flows appear minimal and mostly administrative in nature, which is in line with a SPAC that has not yet completed its business combination. There is no operational cash generation from selling power today. After the merger, cash flows will likely be negative for an extended period as ONE Nuclear spends heavily on project development, engineering, permitting, and construction long before the first plants are fully operating. Over the long run, the model aims for steady, contracted cash inflows from selling power to large customers, but reaching that point requires substantial upfront spending and careful funding management.

Competitive Edge

Competitive Edge The competitive story centers on ONE Nuclear, not HVII itself. ONE Nuclear aims to stand out by combining fast-to-market natural gas plants with more advanced small modular nuclear reactors, all within integrated “energy parks.” This hybrid model tries to balance near-term reliability with a long-term shift to cleaner baseload power. Its partnerships with established players for reactor technology, engineering, and site selection give it access to expertise that many new entrants lack. Targeting large data centers and other power-hungry users offers a clear, high-growth customer base. The flip side is that this is a crowded and politically sensitive space, with traditional utilities, renewables, and other advanced nuclear players all competing for similar demand and sites. Regulatory timelines and public acceptance of nuclear also add competitive complexity.

Innovation and R&D

Innovation and R&D ONE Nuclear’s strategy is inherently innovation-heavy. It hinges on advanced small modular reactors, modular construction methods, and a flexible, “technology-agnostic” approach that lets them match different SMR designs to different sites and customers. Layered on top of that is the hybrid model: use natural gas to deliver power and revenue sooner, then phase in nuclear as approvals and technology mature. The energy-park concept, with co-located gas, nuclear, and potentially future hydrogen production, is also an innovative platform for long-term energy solutions. However, much of this remains at the planning and early-development stage. Key uncertainties include actual commercialization of SMR technology, licensing timelines, real-world build costs, and whether they can consistently secure attractive sites and customer contracts at scale.

Summary

HVII today is a SPAC shell with no operating history; the real story is the proposed merger with ONE Nuclear Energy. If completed, the combined company would shift from a simple cash vehicle to a highly ambitious, capital-intensive clean-power platform built around hybrid gas–nuclear energy parks and advanced small modular reactors. The upside case is a strong position serving large, power-hungry customers—especially data centers—with reliable, low-carbon energy backed by blue-chip partners. The risk side is equally clear: long development cycles, heavy upfront spending, complex regulation, technology still early in commercial deployment, and intense competition across the energy sector. Overall, this is a transition from a low-complexity financial structure to a high-complexity operating business where execution, permitting, and funding will determine how the story actually plays out.