Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 239

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 239
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| ● | expatriates                                         
 or former long-term residents of the United States; |

| 171 |

| ● | persons                                                                 
 that actually or constructively own five percent or more of our shares; |

| ● | persons                                                                                          
 that acquired our securities pursuant to an exercise of employee share options, in connection    
 with employee share incentive plans or otherwise as compensation or in connection with services; |

| ● | persons                                                                                   
 that hold our securities as part of a straddle, constructive sale, hedging, conversion or 
 other integrated or similar transaction;                                                  |

| ● | persons                                                                                        
 required to accelerate the recognition of any item of gross income with respect to Class       
 A ordinary shares or Share Rights as a result of such income being recognized on an applicable 
 financial statement;                                                                           |

| ● | “controlled                                                                    
 foreign corporations,” “passive foreign investment companies” and corporations 
 that accumulate earnings to avoid U.S. federal income tax;                     |

| ● | “qualified                                                                          
 foreign pension funds” as defined in Section 897(l)(2) of the Code and entities all 
 of the interests of which are held by qualified foreign pension funds;              |

| ● | tax                            
 qualified retirement plans; or |

| ● | U.S.                                                                         
 Holders (as defined below) whose functional currency is not the U.S. dollar. |

Moreover, the discussion below is based upon the provisions of the Code, the U.S. Treasury Department regulations (“Treasury regulations”) promulgated thereunder and administrative and judicial interpretations thereof, all as of the date hereof. These authorities may be repealed, revoked, modified or subject to differing interpretations, possibly on a retroactive basis, so as to result in U.S. federal income tax consequences different from those discussed below. Furthermore, this discussion does not address any aspect of U.S. federal non-income tax laws, such as gift, estate or Medicare contribution tax laws or U.S. state or local or non-U.S. tax laws.

We have not sought, and will not seek, a ruling from the IRS as to any U.S. federal income tax consequences described herein. The IRS may disagree with the discussion herein, and its determination may be upheld by a court. Moreover, there can be no assurance that future legislation, regulations, administrative rulings or court decisions will not adversely affect the accuracy of the statements in this discussion.

This discussion does not consider the tax treatment of partnerships or other pass-through entities or persons who hold our