Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 128

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 128
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), a minimum bid price (generally $1.00 per share) and a minimum number of holders of its securities (generally 400 public holders). Additionally, in connection with the Business Combination, HVII will be required to demonstrate compliance with Nasdaq’s initial listing requirements, which are more rigorous than Nasdaq’s continued listing requirements, in order to continue to maintain the listing of its securities on Nasdaq. For instance, to list on the Nasdaq Global Market, the HVII Public Share price would generally be required to be at least $4.00 per share, the market value of its listed securities would generally be required to be at least $75 million, the number of unrestricted publicly held shares must be at least 1.1 million with an aggregate market value of at least $20 million and HVII would be required to have a minimum of 400 round lot holders (with at least 50% of such round lot holders holding securities with a market value of at least $2,500) of its securities. There is no assurance that HVII will be able to meet those initial listing requirements at that time.

Additionally, HVII Units and HVII Rights will not be traded after completion of the Business Combination.

If Nasdaq delists HVII’s securities from trading on its exchange and HVII is not able to list its securities on another national securities exchange, it is expected that HVII’s securities could be quoted on an over-the-counter market. If this were to occur, HVII could face significant material adverse consequences, including:

| ● | a                                                                
 limited availability of market quotations for HVII’s securities; |

| ● | reduced                          
 liquidity for HVII’s securities; |

| ● | a                                                                                          
 determination that HVII Class A Ordinary Shares are “penny stock” which will               
 require brokers trading in HVII Class A Ordinary Shares to adhere to more stringent rules  
 and possibly result in a reduced level of trading activity in the secondary trading market 
 for HVII’s securities;                                                                     |

| ● | institutional                                 
 investors losing interest in HVII securities: |

| ● | making                                                                             
 HVII a less attractive acquisition vehicle to a target business in connection with 
 an initial business combination;                                                   |

| ● | a                                                
 limited amount of news and analyst coverage; and |

| ● | a                                                                                              
 decreased ability to issue additional securities or obtain additional financing in the future. |

The National Securities Markets Improvement Act of 1996, which is a federal statute, prevents or preempts the states