Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 92

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 92
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 of potential target companies, and to other company or industry-specific, national, regional
or international economic disruptions and economic uncertainty, any of which could make it more difficult for HVII to identify a business
combination target and consummate an initial business combination on acceptable commercial terms, or at all.

Recent
increases in inflation in the United States and elsewhere could make it more difficult for HVII to complete its initial business combination.

Recent
increases in inflation in the United States and elsewhere may lead to increased price volatility for publicly traded securities, including
those of HVII, or other national, regional or international economic disruptions, any of which could make it more difficult for HVII
to complete its initial business combination.

Risks
Relating to HVII’s Sponsor and Management Team

The
nominal purchase price paid by HVII’s sponsor for the founder shares may result in significant dilution to the implied value of
public shares upon the consummation of HVII’s initial business combination.

HVII
offered its units at an offering price of $10.00 per unit and the amount in its trust account is $10.00 per public share, implying an
initial value of $10.00 per public share. However, prior to HVII’s initial public offering, HVII’s sponsor paid a nominal
aggregate purchase price of $25,000 for the founder shares, or approximately $0.004 per share. As a result, the value of public shares
may be significantly diluted upon the consummation of HVII’s initial business combination, when the founder shares are converted
into public shares. For example, the following table shows the dilutive effect of the founder shares on the implied value of the public
shares upon the consummation of HVII’s initial business combination assuming that HVII’s equity value at that time is $190,000,000,
which is the amount HVII would have for its initial business combination in the trust account assuming no interest is earned on the funds
held in the trust account, and no public shares are redeemed in connection with HVII’s initial business combination, and without
taking into account any other potential impacts on HVII’s valuation at such time, such as the trading price of HVII’s public
shares, the business combination transaction costs (including payment of $7,600,000 of deferred underwriting commissions), any equity
issued or cash paid to the target’s sellers or other third parties, or the target’s business itself, including its assets,