Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 120

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 120
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, generate going forward. Additionally, in the course of their respective careers, members
of HVII’s management team have been involved in businesses and deals that were unsuccessful.

HVII
may reincorporate in another jurisdiction in connection with its initial business combination and such reincorporation may result in
taxes imposed on shareholders or share right holders.

HVII
may, in connection with its initial business combination and subject to requisite shareholder approval under the Companies Act (with
respect to which only holders of Class B ordinary shares will be entitled to vote prior to HVII’s initial business combination),
reincorporate in the jurisdiction in which the target company or business is located or in another jurisdiction. The transaction may
require a shareholder or share right holder to recognize taxable income, or otherwise subject it to adverse tax consequences, in the
jurisdiction in which the shareholder or share right holder is a tax resident or in which its members are resident if it is a tax transparent
entity. HVII does not intend to make any cash distributions to shareholders or share right holders to pay such taxes. Shareholder or
share right holders may be subject to withholding taxes or other taxes, or other adverse tax consequences, with respect to their ownership
of HVII after the reincorporation.

HVII
may reincorporate in or transfer by way of continuation to another jurisdiction in connection with its initial business combination,
and the laws of such jurisdiction may govern some or all of its future material agreements, and it may not be able to enforce its legal
rights.

In
connection with its initial business combination, HVII may relocate the home jurisdiction of its business from the Cayman Islands to
another jurisdiction. If HVII determines to do this, the laws of such jurisdiction may govern some or all of its future material agreements.
The system of laws and the enforcement of existing laws in such jurisdiction may not be as certain in implementation and interpretation
as in the United States. The inability to enforce or obtain a remedy under any of its future agreements could result in a significant
loss of business, business opportunities or capital.

An
investment in HVII’s securities may result in uncertain U. S. federal income tax consequences.

An
investment in HVII’s securities may result in uncertain U. S. federal income tax consequences. For instance, because there are no
authorities that directly address instruments similar to the units HVII issued in its initial public offering, the allocation an investor
makes with respect to the purchase price of a unit among the Class A ordinary