Company: HVIIR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002259
Chunk: 199

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-15
Form: S-1/A
Chunk 199
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piggy-back” registration only during the seven-year period beginning on the effective date of the registration statement of which this prospectus forms a part. We will bear the expenses incurred in connection with the filing of any such registration statements.

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<div align='center'>CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS</div>

On October 8, 2024, our sponsor purchased an aggregate of 5,750,000 Class B ordinary shares (“founder shares”) (up to 750,000 of which are subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ option to purchase additional units is exercised) for an aggregate purchase price of $25,000, or approximately $0.004 per share. On January 10, 2025, the Company issued an additional 958,333 founder shares (up to 125,000 shares of which are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised) for no additional consideration, resulting in the sponsor holding a total of 6,708,333 founder shares (up to 875,000 of which are subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ option to purchase additional units is exercised). The number of founder shares issued was determined based on the expectation that the founder shares would represent 25% of the outstanding ordinary shares upon completion of this offering. If we increase or decrease the size of this offering, we will effect a capitalization or share repurchase or redemption or other appropriate mechanism, as applicable, 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% of the issued and outstanding ordinary shares upon the consummation of this offering. In December 2024, our sponsor transferred 250,000 founder shares to Nicholas Geeza, our Executive Vice President, Chief Financial Officer and Secretary, and an aggregate of 130,000 founder shares to our independent directors. In January 2025, our sponsor transferred 750,000 founder shares to Thomas D. Hennessy, our President and Chief Operating Officer.

Our sponsor has subscribed to purchase an aggregate of 500,000 (whether or not the underwriters’ option to purchase additional units is exercised in full or at all) private placement units for a purchase price of $10.00 per private placement unit in the private placement. As such, our sponsor