Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 310

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 310
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II as well as the other entities with which they are affiliated. HVII’s management         
 may have conflicts of interest in determining to which entity a particular business opportunity 
 should be presented.                                                                            |

| ● | The                                                                                                        
 Initial Shareholders and HVII’s officers and directors will agree to waive their redemption                
 rights with respect to any Founder Shares and any HVII Public Shares held by them in connection            
 with the consummation of HVII’s initial business combination. Additionally, the Initial                    
 Shareholders and HVII’s officers and directors will agree to waive their rights to                         
 liquidating distributions from the Trust Account with respect to any Founder Shares held                   
 by them if HVII fails to consummate HVII’s initial business combination within the                         
 Completion Window. However, if the Initial Shareholders or any of HVII’s officers,                         
 directors or affiliates acquire HVII Public Shares in or after the IPO, they will be entitled              
 to liquidating distributions from the Trust Account with respect to such HVII Public Shares                
 if HVII fails to consummate an initial business combination within the Completion Window.                  
 If HVII does not complete an initial business combination within such applicable time period,              
 the proceeds of the sale of the Private Placement Units held in the Trust Account will be                  
 used to fund the redemption of HVII Public Shares, and the Private Placement Units will expire             
 worthless. Except as described herein, (1) pursuant to the Letter Agreement entered into                   
 with HVII, the Initial Shareholders and HVII’s officers and directors will agree not                       
 to transfer, assign or sell any Founder Shares held by them until 180 days after completion                
 of HVII’s initial business combination. Any permitted transferees would be subject                         
 to the same restrictions and other agreements of the Sponsor with respect to any Founder                   
 Shares, and (2) pursuant to the Letter Agreement entered into with HVII, the Sponsor will                  
 agree not to transfer, assign or sell any Private Placement Units and the HVII Class A Ordinary            
 Shares underlying such Private Placement Units and the Private Placement Rights included                   
 in such Private Placement Units until 30 days after the completion of HVII’s initial                       
 business combination. HVII refers to such transfer restrictions throughout this proxy statement/prospectus 
 as the lock-up. Notwithstanding the foregoing, if HVII completes a liquidation, merger, stock              
 exchange, reorganization or other similar transaction after HVII’s initial business                        
 combination that results in all of the HVII Public Shareholders having the right to exchange               
 their HVII