Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 230

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 230
---
 to completing 
 our initial business combination which contain substantially the same financial and other      
 information about our initial business combination and the redemption rights as is required    
 under Regulation 14A of the Exchange Act;                                                      |

| ● | our                                                                                          
 initial business combination must occur with one or more prospective partner businesses that 
 together have an aggregate fair market value of at least 80% of the fair market value held   
 in the trust account (excluding the amount of deferred underwriting discounts held in trust  
 and taxes payable on the interest earned on the trust account) at the time of signing the    
 agreement to enter into the initial business combination;                                    |

| ● | if                                                                                             
 our shareholders approve an amendment to our amended and restated memorandum and articles      
 of association (A) that would modify the substance or timing of our obligation to provide      
 holders of our Class A ordinary shares the right to have their shares redeemed in connection   
 with our initial business combination or to redeem 100% of our public shares if we do not      
 complete our initial business combination within 24 months from the closing of this offering,  
 or (B) with respect to any other provision relating to the rights of holders of our Class      
 A ordinary shares or pre-initial business combination activity, we will provide our public     
 shareholders with the opportunity to redeem all or a portion of their ordinary shares upon     
 such approval 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 permitted withdrawals, if any, divided by the number  
 of the then-outstanding public shares, subject to the limitations described herein;            |

| ● | we                                                                                           
 will not effectuate our initial business combination solely with another blank check company 
 or a similar company with nominal operations; and                                            |

| ● | only                                                                                              
 holders of our Class B ordinary shares have the right to vote on appointing or removing directors 
 or continuing our company in a jurisdiction outside the Cayman Islands (as further described      
 herein), prior to the consummation of our initial business combination.                           |

The Companies Act permits a company incorporated in the Cayman Islands to amend its memorandum and articles of association with the approval of a special resolution. A company’s articles of association may specify that the approval of a higher majority is required but, provided the approval of the required majority is obtained, any Cayman Islands exempted company may amend its memorandum and articles of association regardless of