Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 62

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 62
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 conditions
resulting from the Russian invasion of Ukraine, the Israel-Hamas war, and the conflict between Israel and Iran and subsequent sanctions
or related actions or the ongoing trade and tariff policy changes by the U.S. or other countries could adversely affect the Company’s
search for a Business Combination and any target business with which the Company may ultimately consummate a Business Combination.

Registration
Rights

The
holders of the founder shares, Private Placement Units and the private placement shares and Share Rights underlying such Private Placement
Units and any Private Placement Units that may be issued upon conversion of the Working Capital Loans will have registration rights to
require the Company to register a sale of any of the Company’s securities held by them and any other securities of the Company
acquired by them prior to the consummation of its Business Combination. The holders of these securities are entitled to make up to three
demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain piggyback registration
rights with respect to registration statements filed subsequent to the completion of a Business Combination. The Company will bear the
expenses incurred in connection with the filing of any such registration statements.

Underwriting
Agreement

The
Underwriters had a 45-day option from the date of the Initial Public Offering to purchase up to an additional 2,625,000 Units to cover
over-allotments, if any. On January 21, 2025, the Underwriters partially exercised their over-allotment option in the amount of 1,500,000
Units and forfeited the remaining unexercised balance of 1,125,000 Units.

The
Underwriters were entitled to a cash underwriting discount of $0.20 per Unit, or $3,800,000 in the aggregate, paid to the Underwriters
in cash at the closing of the Initial Public Offering. Additionally, the Underwriters are entitled to a deferred underwriting discount
of up to $0.40 per Unit, or up to $7,600,000 in the aggregate (subject to reduction based on the funds remaining in the Trust Account
after giving effect to the public shares that are redeemed in connection with the Company’s Business Combination), payable to the
Underwriters for deferred underwriting commissions on amounts remaining in the Trust Account after all redemptions by public shareholders
have been met. The deferred underwriting discount will become payable to the Underwriters from the amounts held in the Trust Account
solely in