Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 129

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 129
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Item
7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The
following discussion and analysis of HVII’s financial condition and results of operations should be read in conjunction with its
audited financial statements and the notes related thereto which are included in “ Item 8. Financial Statements and Supplementary
Data Item 1. Business Item
1A. Risk Factors Cautionary Note Regarding Forward-Looking Statements Item 1A. Risk Factors

Overview

HVII
is a SPAC incorporated in the Cayman Islands on September 27, 2024, formed for the purpose of effecting a merger, amalgamation, share
exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses. HVII intends
to effectuate its business combination using cash derived from the proceeds of its initial public offering and the sale of the private
placement units and any sale of securities in connection with its initial business combination, its shares, debt or a combination of
cash, shares and debt.

The
issuance of additional ordinary shares in an initial business combination:

  may                                                                                        
  significantly dilute the equity interest of HVII’s public shareholders, which dilution     
  would increase if the anti-dilution provisions in the Class B ordinary shares resulted in  
  the issuance of Class A shares on a greater than one-to-one basis upon conversion of the   
  Class B ordinary shares;                                                                   
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  may                                                                                       
  subordinate the rights of holders of ordinary shares if preference shares is issued with  
  rights senior to those afforded to ordinary shares;                                       
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  could                                                                                       
  cause a change of control if a substantial number of ordinary shares are issued, which may  
  affect, among other things, HVII’s ability to use its net operating loss carry forwards,    
  if any, and could result in the resignation or removal of HVII’s present officers and       
  directors;                                                                                  
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  may                                                                                           
  have the effect of delaying or preventing a change of control of HVII by diluting the equity  
  ownership or voting rights of a person seeking to obtain control of HVII; and                 
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  may                                                                                         
  adversely