Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 87

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 87
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 officers of the Company,
and the management of the target business at the time of the business combination could remain in place. Management of the target business
may not be familiar with U. S. securities laws. If new management is unfamiliar with U. S. securities laws, they may have to expend time
and resources becoming familiar with such laws. This could be expensive and time-consuming and could lead to various regulatory issues
which may adversely affect HVII’s operations.

HVII
may issue notes or other debt securities, or otherwise incur substantial debt, to complete an initial business combination, which may
adversely affect its leverage and financial condition and thus negatively impact the value of its shareholders’ investment.

Although
HVII has no commitments as of the date of this Report to issue any notes or other debt securities, or to otherwise incur outstanding
debt, it may choose to incur substantial debt to complete its initial business combination. HVII has agreed that it will not incur any
indebtedness unless it has obtained from the lender a waiver of any right, title, interest or claim of any kind in or to the monies held
in the trust account. As such, no issuance of debt will affect the per-share amount available for redemption from the trust account.
Nevertheless, the incurrence of debt could have a variety of negative effects, including:

  default                                                                               

  acceleration                                                                                 

  HVII’s                                                                                    

  HVII’s                                                                                      

  HVII’s                                              

  using                                                                                       

  limitations                                                                           
  on HVII’s flexibility in planning for and reacting to changes in its business and in  
  the industry in which it operates;                                                    
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  increased                                                                                  
  vulnerability to adverse changes in general economic, industry and competitive conditions  
  and adverse changes in government regulation;                                              
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  limitations                                                                         

  other                                                          

  49  

HVII
may only be able to complete one business combination with the proceeds of its initial public offering and the sale of the private placement
units, which will cause it to be solely dependent on a single business that may have a limited number of services and limited operating
activities. This lack of diversification may negatively impact HVII’s operating results and profitability.

Of
the net proceeds from HVII’s initial public offering and the sale of the private placement units (excluding $1,843,218),