Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 116

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 116
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 be less than this amount. Includes organizational and administrative         
 expenses and may include amounts related to above-listed expenses in the event actual amounts exceed estimates. Of the net proceeds       
 of this offering and the sale of the private placement units, $175,000,000 (or $201,250,000 if the over-allotment option                  
 is exercised in full), including up to $7,000,000 (or up to $8,050,000 if the over-allotment option is exercised in                       
 full) of deferred underwriting commissions, will, upon the consummation of this offering, be placed in a U.S.-based trust account         
 with Odyssey Transfer and Trust Company acting as trustee. The funds in the trust account will be (i) invested only in U.S. government    
 treasury bills with a maturity of 185 days or less or in money market funds that meet certain conditions under Rule 2a-7                  
 under the Investment Company Act and that invest only in direct U.S. government obligations and/or (ii) deposited in an                   
 interest-bearing demand deposit account at a U.S.-chartered commercial bank with consolidated assets of $50 billion or more.              
 We will not be permitted to withdraw any of the principal or interest held in the trust account, except with respect to permitted         
 withdrawals. The funds held in the trust account will not be released from the trust account until the earliest of: (1) the               
 completion of our initial business combination; (2) the redemption of any public shares properly submitted in connection with             
 a shareholder vote to amend our amended and restated memorandum and articles of association to modify the substance and timing of         
 our obligation to redeem 100% of our public shares if we do not complete our initial business combination within the completion window;   
 and (3) the redemption of all of our public shares if we are unable to complete our initial business combination within the               
 completion window, subject to applicable law.                                                                                             |

| (5) | This                                                                                                                                
 represents payments for 12 months to an affiliate of our sponsor of $15,000 per month for office space, utilities and secretarial   
 and administrative support. Such payments will continue on a monthly basis until the completion of our initial business combination 
 or our liquidation, when we will cease paying these monthly fees.                                                                   |
| (6) | This                                                                                                                                
 represents payments for 12 months to Nicholas Geeza, our Chief Financial Officer, of $10,000                                        
 per month for his services prior to the consum