Company: HVIIR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002259
Chunk: 196

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-15
Form: S-1/A
Chunk 196
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, with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of our initial shareholders at 25.0% of the issued and outstanding ordinary shares upon the consummation of this offering. Our public shareholders may incur material dilution due to such anti-dilution adjustments that result in the issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion.

Our sponsor and the underwriters have subscribed to purchase an aggregate of 675,000 private placement units (or up to 701,250 private placement units if the underwriters’ option to purchase additional units is exercised in full) at a price of $10.00 per private placement unit for a total purchase price of $6,750,000 (or up to $7,012,500 if the underwriters’ option to purchase additional units is exercised in full) in the private placement that will close simultaneously with the closing of this offering. Of those 675,000 private placement units (or up to 701,250 private placement units if the underwriters’ option to purchase additional units is exercised in full), our sponsor has subscribed for 500,000 private placement units (whether or not the underwriters’ option to purchase additional units is exercised in full or at all) and the underwriters have subscribed for 175,000 private placement units (or up to 201,250 private placement units if the underwriters’ option to purchase additional units is exercised in full). Proceeds from the private placement units will be added to the proceeds from this offering to be held in the trust account. If we do not complete our initial business combination within the completion window, the proceeds of the sale of the private placement units held in the trust account will be used to fund the redemption of our public shares, and the private placement units will expire worthless. The private placement units are subject to the transfer restrictions described below. Otherwise, the private placement units have terms and provisions that are identical to those of the units being sold as part of the units in this offering. In addition, with respect to private placement units held by the underwriters and/or their respective designees, such private placement units will be subject to the lock-up and registration rights limitations imposed by FINRA Rule 5110.

Our sponsor and certain of our officers and directors are deemed to be our “promoter” as such term is defined under the federal securities laws. Please see “Certain Relationships and Related Party Transactions” for additional information regarding