Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 290

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 290
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 business combination at a duly held HVII Public Shareholders meeting;                 |

| 192 |

| ● | if                                                                                   
 HVII’s initial business combination is not consummated within the completion window, 
 then HVII’s existence will terminate and it will distribute all amounts in the Trust 
 Account; and                                                                         |

| ● | prior                                                                                     
 to HVII’s initial business combination, HVII may not issue additional HVII Ordinary       
 Shares that would entitle the holders thereof to (1) receive funds from the Trust Account 
 or (2) vote on any initial business combination.                                          |

These provisions cannot be amended without the approval of a special resolution, meaning the approval of holders of at least two-thirds of HVII’s Ordinary Shares who attend and vote at a general meeting of HVII. In the event HVII seeks HVII Public Shareholder approval in connection with its initial business combination, the HVII Charter provide that, unless otherwise required by applicable law or stock exchange rules, HVII may consummate its initial business combination only if approved by a majority of the HVII Ordinary Shares voted by HVII Public Shareholders at a duly held HVII Public Shareholders meeting.

Sponsor Indemnity

The Sponsor has agreed that it will be liable to HVII if and to the extent any claims by a third party (other than HVII’s independent registered public accounting firm) for services rendered or products sold to HVII, or a prospective target business with which HVII has discussed entering into a transaction agreement, reduce the amount of funds in the Trust Account to below: (1) $10.00 per HVII Public Share; or (2) the actual amount per HVII Public Share held in the Trust Account as of the date of the liquidation of the Trust Account, if less than $10.00 per share due to reductions in the value of the trust assets, in each case, net of permitted withdrawals, except as to any claims by a third party that executed a waiver of any and all rights to the monies held in the Trust Account (whether any such waiver is enforceable) and except as to any claims under HVII’s indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act. HVII has not independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations and believes that the Sponsor’s only assets are securities of HVII and, therefore, the Sponsor may not be able to satisfy those obligations. HVII has not asked the Sponsor to reserve