Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 36

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 36
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 market price or on other undesirable terms.                                                  
 Absent                                                                                                                                       
 this provision, a public shareholder holding more than an aggregate of 15% of the shares sold in this offering could threaten to             
 exercise its redemption rights against a business combination if such holder’s shares are not purchased by us or our affiliates              
 at a premium to then-current market price or on other undesirable terms. By limiting our shareholders’ ability to redeem to                  
 no more than 15% of the shares sold in this offering, we believe we will limit the ability of a small group of shareholders to unreasonably  
 attempt to block our ability to complete our initial business combination, particularly in connection with a business combination            
 with a target that requires as a closing condition that we have a minimum net worth or a certain amount of cash. However, we would           
 not be restricting our shareholders’ ability to vote all of their shares (including all shares held by those shareholders that               
 hold more than 15% of the shares sold in this offering) for or against our initial business combination.                                     |

| 30 |

| Redemption                                                                      
 rights in connection with proposed amendments to our memorandum and articles of 
 association                                                                     |     | Our                                                                                                                                          
 amended and restated memorandum and articles of association will provide that any of its provisions related to pre-business combination      
 activity (including the requirement to fund the trust account and not release such amounts except in specified circumstances and             
 to provide redemption rights to public shareholders as described herein) may be amended if approved by holders of at least two-thirds        
 of our ordinary shares, and corresponding provisions of the trust agreement governing the release of funds from our trust account            
 may be amended if approved by holders of a majority of our ordinary shares. In all other instances (other than the appointment of            
 directors), our amended and restated memorandum and articles of association will provide that it may be amended by holders of at             
 least two-thirds of our ordinary shares entitled to vote thereon, subject to applicable provisions of Cayman Islands law, or applicable      
 stock exchange rules. Prior to an initial business combination, we may not issue additional securities that can vote on amendments           
 to our amended and restated memorandum and articles of association or on our initial business combination or that would entitle holders      
 thereof to receive funds from the trust account. Our initial shareholders, who will beneficially own 25% of our ordinary shares upon         
 the closing of this offering (assuming they do not purchase any units in this offering), may participate in any vote to amend our            
 amended and restated