Company: HVIIR
Filing Date: 2025-10-23
Form Type: 425
Source: 0001493152-25-019005
Chunk: 5

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-10-23
Form: 425
Chunk 5
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 to the Company and each qualifying as an independent director, and such other directors designated in writing by the Company, and (ii) will be divided into three (3) classes of directors with staggered terms. The management team of the Purchaser as of immediately following the Closing will consist solely of the Company’s current management team.

Closing; Conditions to Closing

The Closing will occur no later than the third business day following the satisfaction or waiver of all of the closing conditions, or at such other time or in such other manner as agreed upon by the Purchaser and the Company in writing.

The obligations of the parties to consummate the Merger and the other transactions contemplated by the Business Combination Agreement (collectively, the “Transactions”) are subject to the satisfaction or waiver (where permissible) at or prior to the Closing of customary closing conditions set forth in the Business Combination Agreement, including: (i) approval of the Transactions by the shareholders of the Purchaser and the equityholders of the Company; (ii) the Registration Statement having become effective under the Securities Act of 1933, as amended (the “Securities Act”); (iii) the Purchaser’s shares of Common Stock to be issued in connection with the Transactions will be conditionally approved for listing upon the Closing on Nasdaq subject to any requirement to have a sufficient number of round lot holders of Common Stock; (iv) no governmental authority of competent jurisdiction will have enacted, issued, promulgated, enforced or entered any law or governmental order that is then in effect that makes the Merger illegal or otherwise prevents or prohibits the Closing; (v) no Purchaser Material Adverse Effect or Company Material Adverse Effect (each as defined in the Business Combination Agreement) will have occurred since the date of the Business Combination Agreement that is continuing; and (vi) the Domestication will have been completed. There is no minimum cash condition or financing condition to Closing.

Termination

The Business Combination Agreement may be terminated prior to the Closing in the following circumstances:

| (a) | by                                                                                                                                        
 mutual written consent of the Purchaser and the Company;                                                                                  |
| (b) | by                                                                                                                                        
 the Company if the board of directors of the Purchaser withdraws, amends, qualifies or modifies its recommendation to the Purchaser’s     
 shareholders that they vote in favor of the Transactions;                                                                                 |
| (c) | by                                                                                                                                        
 either the Company or the Purchaser if the Purchaser’s shareholders do not approve the Transactions;                                      |
| (d) | by