Company: HVIIR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002259
Chunk: 32

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-15
Form: S-1/A
Chunk 32
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 such amendment is proposed in respect of the consummation of our initial business combination, two-thirds)      
 of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the          
 applicable general meeting of the company. With respect to any other matter submitted to a vote of our shareholders, including any         
 vote in connection with our initial business combination, except as required by applicable law or stock exchange rule, holders of          
 our Class A ordinary shares and holders of our Class B ordinary shares will vote together as a single class, with each                     
 share entitling the holder to one vote.                                                                                                    |
| Founder                                                                                       
 shares                                                                                        |     | On                                                                                                                                         
 October 8, 2024, our sponsor purchased an aggregate of 5,750,000 Class B ordinary shares (“founder shares”) (up to 750,000                 
 of which are subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ option to purchase            
 additional units is exercised) for an aggregate purchase price of $25,000, or approximately $0.004 per share. On January 10, 2025,         
 the Company issued an additional 958,333 founder shares (up to 125,000 shares of which are subject to forfeiture depending on the          
 extent to which the underwriters’ over-allotment option is exercised) for no additional consideration, resulting in the sponsor            
 holding a total of 6,708,333 founder shares (up to 875,000 of which are subject to forfeiture by the holders thereof depending on          
 the extent to which the underwriters’ option to purchase additional units is exercised). The number of founder shares issued               
 was determined based on the expectation that the founder shares would represent 25% of the outstanding ordinary shares upon the completion 
 of this offering (excluding the private placement shares). This structure is unlike the structure of similar blank check companies,        
 which often provide that the founder shares would equal 20% of the outstanding ordinary shares upon the completion of the offering.        
 The purchase price of the founder shares was determined by dividing the amount of cash contributed to us by the number of founder          
 shares issued. If we increase or decrease the size of this offering, we will effect a capitalization or share repurchase or redemption     
 or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation           
 of the offering in such amount as to maintain the ownership of our