Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 263

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 263
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 the business combination. Twin Ridge’s 
 business combination with Carbon Revolution closed on November 3, 2023. Shares of Carbon      
 Revolution common stock trade on the Nasdaq Stock Market under the symbol “CREV”,             
 and the price of the common stock has ranged from $1.69 to $197.99 following the consummation 
 of the business combination, with a closing price of $1.78 on November 19, 2025; and          |

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| ● | Learn                                                                                             
 CW (2021) (members of HVII’s management team advised Twin Ridge and were equityholders            
 in the SPAC Sponsor): SPAC (Learn CW Investment Corporation (“LCW”)), Target                      
 (Innventure, Inc. (“Innventure”)). LCW’s initial public offering closed                           
 October 7, 2021, at approximately $200 million. The SPAC term was extended and there were         
 approximately 59.4% redemptions in connection with extensions and approximately 89.0% redemptions 
 in connection with the business combination. LCW’s business combination with Innventure           
 closed on October 2, 2024. Shares of LCW common stock trade on the Nasdaq Stock Market under      
 the symbol “INV”, and the price of the common stock has ranged from $2.36 to                      
 $18.75 following the consummation of the business combination, with a closing price of $3.35      
 on November 19, 2025.                                                                             |

Investment Strategy

HVII’s investment strategy is directed at industrial technology and energy transition targets of $500 million or greater in expected aggregate enterprise value and is informed and validated by its research and analysis and complemented by what it believes are favorable market conditions for the SPAC asset class.

Acquisition Criteria

HVII has identified the following general criteria and guidelines that it believes are important in evaluating prospective target businesses. HVII has used these criteria and guidelines in evaluating acquisition opportunities, but it may decide to enter into its initial business combination with a target business that does not meet these criteria and guidelines.

| ● | $500                                                                                          
 Million+ Target Business Size. HVII will seek to acquire one or more businesses with          
 an expected aggregate enterprise value of $500 million or greater, determined at the sole     
 discretion of its officers and directors according to reasonably accepted valuation standards 
 and methodologies.                                                                            |

| ● | Large                                                                                       
 Addressable Market. HVII will target companies that operate in large address