Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 125

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 125
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 and
smaller reporting companies, this could make HVII’s securities less attractive to investors and may make it more difficult to compare
HVII’s performance with other public companies.

HVII
is an “emerging growth company” within the meaning of the rules adopted by the Securities and Exchange Commission, as modified
by the JOBS Act, and HVII may take advantage of certain exemptions from various reporting requirements that are applicable to other public
companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation
requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in HVII’s
periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation
and shareholder approval of any golden parachute payments not previously approved. As a result, HVII’s shareholders may not have
access to certain information they may deem important. HVII could be an emerging growth company for up to five years, although circumstances
could cause HVII to lose that status earlier, including if the market value of HVII’s Class A ordinary shares held by non-affiliates
exceeds $700.0 million as of any June 30 before that time, in which case HVII would no longer be an emerging growth company as of the
following December 31. HVII cannot predict whether investors will find HVII’s securities less attractive because HVII will rely
on these exemptions. If some investors find HVII’s securities less attractive as a result of HVII’s reliance on these exemptions,
the trading prices of HVII’s securities may be lower than they otherwise would be, there may be a less active trading market for
HVII’s securities and the trading prices of HVII’s securities may be more volatile. Further, Section 102(b)(1) of the JOBS
Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private
companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities
registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides
that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth
companies but any such an election to opt out is irrevocable. HVII has elected not to opt out of such