Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 134

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 134
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 by them upon redemption of their HVII Public Shares.

If HVII is forced to enter into an insolvent liquidation, any distributions received by HVII Public Shareholders could be viewed as an unlawful payment if it was proved that immediately following the date on which the distribution was made, HVII is unable to pay its debts as they fall due in the ordinary course of business. As a result, a liquidator could seek to recover some or all amounts received by HVII Public Shareholders. Furthermore, HVII’s directors may be viewed as having breached their fiduciary duties to HVII or HVII’s creditors and/or may have acted in bad faith, thereby exposing themselves and HVII to claims, by paying HVII Public Shareholders from the Trust Account prior to addressing the claims of creditors.

Claims may be brought against HVII for these reasons. HVII and its directors and officers who knowingly and willfully authorized or permitted any distribution to be paid out of HVII’s share premium account while HVII is unable to pay its debts as they fall due in the ordinary course of business would be guilty of an offence and may be liable for a fine of $18,292.68 and imprisonment for five years in the Cayman Islands.

The Sponsor and HVII’s officers and directors have potential conflicts of interest in recommending that HVII Shareholders vote in favor of approval of the Business Combination Proposal and approval of the other proposals described in this proxy statement/prospectus that are different from, or in addition to, the interests of unaffiliated HVII Shareholders.

When considering the HVII Board’s recommendation that HVII Public Shareholders vote in favor of the approval of the Business Combination Proposal, HVII Public Shareholders should be aware that the Sponsor and HVII’s executive officers, and directors have interests in the Business Combination that may be different from or in addition to (and which may conflict with) the interests of HVII Public Shareholders. These interests include:

| ● | the                                                                                                                
 beneficial ownership of the Sponsor and certain members of the HVII Board and officers of                          
 an aggregate of (a) 6,333,333 HVII Class B Ordinary Shares, which were acquired                                    
 for an aggregate purchase price of approximately $25,000 prior to the IPO, which shares would                      
 likely be worthless if HVII is unable to effectuate an initial business combination by the                         
 end of the Completion Window and HVII is therefore required to liquidate, as HVII                                  
 Class B Ordinary Shares are not entitled to participate in any