Company: HVIIR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002259
Chunk: 225

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-15
Form: S-1/A
Chunk 225
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 consummate an initial business combination within 24 months from the closing of              
 this offering, we will (i) cease all operations except for the purpose of winding up; (ii)             
 as promptly as reasonably possible but no more than ten business days thereafter, redeem               
 the public shares, at a per-share price, payable in cash, equal to the aggregate amount then           
 on deposit in the trust account, including interest earned on the funds held in the trust              
 account and not previously released to us to pay our permitted withdrawals, if any (less               
 up to $100,000 of interest to pay dissolution expenses), divided by the number of the then-outstanding 
 public shares, which redemption will completely extinguish public shareholders’ rights                 
 as shareholders (including the right to receive further liquidation distributions, if any);            
 and (iii) as promptly as reasonably possible following such redemption, subject to the approval        
 of our remaining shareholders and our board of directors, liquidate and dissolve, subject              
 in the case to our obligations under Cayman Islands law to provide for claims of creditors             
 and the requirements of other applicable law;                                                          |

| ● | prior                                                                                          
 to the completion of our initial business combination, we may not issue additional securities  
 (other than the Class A ordinary shares issuable upon conversion of the Class B ordinary       
 shares) that would entitle the holders thereof to (i) receive funds from the trust account     
 or (ii) vote as a class with our public shares (a) on our initial business combination or      
 on any other proposal presented to shareholders prior to or in connection with the completion  
 of an initial business combination or (a) to approve an amendment to our amended and restated  
 memorandum and articles of association to (x) extend the time we have to consummate a business 
 combination beyond 24 months from the closing of this offering, or (y) amend the foregoing     
 provisions;                                                                                    |

| 164 |

| ● | although                                                                                       
 we do not intend to enter into a business combination with a prospective partner business      
 that is affiliated with our sponsor, our directors or our executive officers, we are not       
 prohibited from doing so. In the event we enter into such a transaction, we, or a committee    
 of independent directors, will obtain an opinion from an independent investment banking firm   
 or an independent valuation or accounting firm that such a business combination or transaction 
 is fair to our company from a financial point of view;                                         |

| ● | if                                                                                             
 a shareholder vote on our initial business