Company: HVIIR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023499
Chunk: 41

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 identical
to the private placement units. Except for the foregoing, the terms of such loans by HVII’s sponsor, an affiliate of HVII’s
sponsor or HVII’s officers and directors, if any, have not been determined and no written agreements exist with respect to such
loans. HVII does not expect to seek loans from parties other than HVII’s sponsor, an affiliate of HVII’s sponsor or its officers
and directors, if any, as HVII does not believe third parties will be willing to loan such funds and provide a waiver against any and
all rights to seek access to funds in the Trust Account.

22

HVII
does not believe it will need to raise additional funds in order to meet the expenditures required for operating its business. However,
if HVII’s estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a business
combination are less than the actual amount necessary to do so, HVII may have insufficient funds available to operate its business prior
to its business combination. Moreover, HVII may need to obtain additional financing either to complete its business combination or because
it becomes obligated to redeem a significant number of its public shares upon completion of its business combination, in which case HVII
may issue additional securities or incur debt in connection with such business combination. If HVII raises additional funds through the
incurrence of indebtedness, such indebtedness would have rights that are senior to HVII’s equity securities and could contain covenants
that restrict HVII’s operations. Further, due to the anti-dilution rights of the founder shares, public shareholders may incur
material dilution. In addition, HVII intends to target businesses with enterprise values that are greater than it could acquire with
its current funds, and, as a result, if the cash portion of the purchase price exceeds the amount available from the Trust Account, net
of amounts needed to satisfy redemptions by public shareholders, HVII may be required to seek additional financing to complete such proposed
business combination. HVII may also obtain financing prior to the closing of its business combination to fund its working capital needs
and transaction costs in connection with its search for and completion of its business combination. There is no limitation on HVII’s
ability to raise funds through the issuance of equity or equity-linked securities or through loans, advances or other indebtedness in
connection with its business combination, any backstop or similar agreements HVII may enter into following the consummation of this offering