Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 171

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 171
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 and the HVII Rights will expire worthless.

Holders of HVII Units must separate the underlying HVII Class A Ordinary Shares and HVII Rights prior to exercising Redemption Rights with respect to the HVII Class A Ordinary Shares.

If you hold HVII Units registered in your own name, you must deliver the certificate for such HVII Units to Odyssey with written instructions to separate such HVII Units into HVII Class A Ordinary Shares and HVII Rights. This must be completed far enough in advance to permit the mailing of the HVII Class A Ordinary Shares certificates back to you so that you may then exercise your Redemption Rights upon the separation of the HVII Class A Ordinary Shares from the HVII Units.

Notwithstanding the foregoing Redemption Rights, an HVII Shareholder, together with any of his, her or its affiliates or any other person with whom he, she or it is acting in concert or as a “group” (as defined under Section 13(d)(3) of the Securities Exchange Act of 1934, as amended), will be restricted from redeeming in the aggregate his, her or its shares or, if part of such a group, the group’s shares, in excess of 15% of the outstanding HVII Class A Ordinary Shares sold in the IPO. The Sponsor and HVII’s officers and directors have agreed to waive their redemption rights in connection with the Business Combination with respect to any HVII Class A Ordinary Shares they may hold. HVII Class B Ordinary Shares will be excluded from the pro rata calculation used to determine the Redemption Price.

If you hold the shares in “street name”, you will have to coordinate with your broker to have your shares certificated or delivered electronically. Shares that have not been tendered (either physically or electronically) in accordance with these procedures will not be redeemed for cash. There is a nominal cost associated with this tendering process and the act of certificating the shares or delivering them through DTC’s deposit withdrawal at custodian (“DWAC”) system. Odyssey will typically charge the tendering broker $100, and it would be up to the broker to decide whether to pass this cost on to the redeeming shareholder. In the event the Business Combination is not consummated this may result in an additional cost to shareholders for the return of their Public Shares.

Appraisal Rights

The Cayman Islands Companies Act prescribes when shareholder appraisal rights are available and sets limitations on such rights. Where such rights are available, shareholders are entitled to receive fair value for their shares. However,