Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 237

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 237
---
’s particular circumstances, and does not consider tax consequences other than those arising under Cayman Islands law.

Under Existing Cayman Islands Laws

Payments of dividends and capital in respect of our securities will not be subject to taxation in the Cayman Islands and no withholding will be required on the payment of a dividend or capital to any holder of the securities nor will gains derived from the disposal of the securities be subject to Cayman Islands income or corporate tax. The Cayman Islands currently has no income, corporate or capital gains tax and no estate duty, inheritance tax or gift tax.

No stamp duty is payable in respect of the issue of the rights. An instrument of transfer in respect of a right is stampable if executed in or brought into the Cayman Islands.

No stamp duty is payable in respect of the issue of our Class A ordinary shares or on an instrument of transfer in respect of such shares.

The Company has been incorporated under the laws of the Cayman Islands as an exempted company with limited liability and, as such, has received an undertaking from the Financial Secretary of the Cayman Islands in the following form:

<div align='center'>THE TAX CONCESSIONS ACT

(As Revised)

UNDERTAKING AS TO TAX CONCESSIONS</div>

In accordance with the provision of Section 6 of The Tax Concessions Act (As Revised), the Financial Secretary undertakes with Hennessy Capital Investment Corp. VII (the “Company”):

| 1. | That                                                                                                                                  
 no law which is hereafter enacted in the Islands imposing any tax to be levied on profits, income, gains or appreciations shall apply 
 to the Company or its operations; and                                                                                                 |

| 2. | In                                                                                                                                    
 addition, that no tax to be levied on profits, income, gains or appreciations or which is in the nature of estate duty or inheritance 
 tax shall be payable:                                                                                                                 |

| 2.1 | On                                                                              
 or in respect of the shares, debentures or other obligations of the Company; or |

| 2.2 | by                                                                                                                                   
 way of the withholding in whole or part, of any relevant payment as defined in Section 6(3) of the Tax Concessions Act (As Revised). |

These concessions shall be for a period of 30 years from October 8, 2024.

| 170 |

Material United States Federal Income Tax Considerations

General

The following discussion summarizes certain material U.S. federal income tax considerations generally applicable to the