$HVIIU

ONE Nuclear Energy Inc.

CIK:0001846416|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
General and administrative costs	$ 771,073	$ 448,910	$ 1,868,017	$ 937,945
Loss from operations	(771,073)	(448,910)	(1,868,017)	(937,945)
Other income:
Interest earned on cash equivalents	2,107	15,444	5,986	27,997
Interest earned on cash held in the Trust Account	1,684,089	1,953,980	3,352,765	3,448,469
Total other income	1,686,196	1,969,424	3,358,751	3,476,466
Net income	$ 915,123	$ 1,520,514	$ 1,490,734	$ 2,538,521
Redeemable Common Class A [Member]
Other income:
Weighted average shares outstanding of ordinary shares, basic	19,000,000	19,000,000	19,000,000	16,795,580
Weighted average shares outstanding of ordinary shares, diluted	19,000,000	19,000,000	19,000,000	16,795,580
Basic net income per ordinary share	$ 0.04	$ 0.06	$ 0.06	$ 0.11
Diluted net income per ordinary share	$ 0.04	$ 0.06	$ 0.06	$ 0.11
Non-Redeemable Common Class A [Member]
Other income:
Weighted average shares outstanding of ordinary shares, basic	690,000	690,000	690,000	609,945
Weighted average shares outstanding of ordinary shares, diluted	690,000	690,000	690,000	609,945
Basic net income per ordinary share	$ 0.04	$ 0.06	$ 0.06	$ 0.11
Diluted net income per ordinary share	$ 0.04	$ 0.06	$ 0.06	$ 0.11
Common Class B [Member]
Other income:
Weighted average shares outstanding of ordinary shares, basic	6,333,333	6,333,333	6,333,333	6,275,322
Weighted average shares outstanding of ordinary shares, diluted	6,333,333	6,333,333	6,333,333	6,275,322
Basic net income per ordinary share	$ 0.04	$ 0.06	$ 0.06	$ 0.11
Diluted net income per ordinary share	$ 0.04	$ 0.06	$ 0.06	$ 0.11

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net income	$ 1,490,734	$ 2,538,521
Adjustments to reconcile net income to net cash used in operating activities:
Interest earned on cash held in the Trust Account	(3,352,765)	(3,448,469)
Changes in operating assets and liabilities:
Prepaid expenses	(29,052)	(34,899)
Note receivable	(16,975)
Prepaid insurance	24,063	(65,313)
Accounts payable and accrued expenses	(120,706)	23,288
Deferred legal fees	1,185,000	175,000
Net cash used in operating activities	(819,701)	(811,872)
Cash flows from investing activities:
Investment of cash into Trust Account		(190,000,000)
Cash withdrawn from Trust Account for working capital purposes	169,933	140,261
Net cash provided by (used in) investing activities	169,933	(189,859,739)
Cash flows from financing activities:
Proceeds from sale of Units, net of underwriting discounts paid		186,200,000
Proceeds from sale of Private Placement Units		6,900,000
Proceeds from promissory note - related party		33,203
Repayment of promissory note - related party		(109,993)
Payment of deferred offering costs	(75,000)	(510,412)
Net cash (used in) provided by financing activities	(75,000)	192,512,798
Net change in cash and cash equivalents	(724,768)	1,841,187
Cash and cash equivalents, beginning of the period	984,245	20,005
Cash and cash equivalents, end of the period	259,477	1,861,192
Noncash investing and financing activities:
Offering costs included in accrued offering costs		100,000
Deferred offering costs included in deferred legal fees		150,000
Deferred underwriting fee payable		$ 7,600,000

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash	$ 259,477	$ 984,245
Note receivable	316,975	300,000
Prepaid expenses	47,073	18,021
Short-term prepaid insurance		24,063
Total current assets	623,525	1,326,329
Cash held in the Trust Account	200,141,138	196,958,306
Total Assets	200,764,663	198,284,635
Current liabilities
Accounts payable and accrued expenses	106,247	226,953
Accrued offering costs	25,000	100,000
Total current liabilities	131,247	326,953
Deferred legal fees	3,635,000	2,450,000
Deferred underwriting fee payable	7,600,000	7,600,000
Total Liabilities	11,366,247	10,376,953
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, 19,000,000 shares at redemption value of $10.53 and $10.37 per share at June 30, 2026 and December 31, 2025, respectively	200,141,138	196,958,306
Shareholders’ Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit	(10,743,424)	(9,051,326)
Total Shareholders’ Deficit	(10,742,722)	(9,050,624)
Total Liabilities and Shareholders’ Deficit	200,764,663	198,284,635
Common Class A [Member]
Shareholders’ Deficit
Ordinary shares, value	69	69
Common Class B [Member]
Shareholders’ Deficit
Ordinary shares, value	$ 633	$ 633