Company: HVIIR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002259
Chunk: 158

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-15
Form: S-1/A
Chunk 158
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 whether we will seek shareholder approval of a proposed business combination in those instances in which shareholder approval is not required by law will be made by us, solely in our discretion, and will be based on business and legal reasons, which include a variety of factors, including, but not limited to:

| ● | the                                                                                                                                   
 timing of the transaction, including in the event we determine shareholder approval would require additional time and there is either 
 not enough time to seek shareholder approval or doing so would place the company at a disadvantage in the transaction or result in    
 other additional burdens on the company;                                                                                              |

| ● | the                                          
 expected cost of holding a shareholder vote; |

| ● | the                                                                                 
 risk that the shareholders would fail to approve the proposed business combination; |

| ● | other                                           
 time and budget constraints of the company; and |

| ● | additional                                                                                                                    
 legal complexities of a proposed business combination that would be time-consuming and burdensome to present to shareholders. |

Permitted Purchases of Our Securities

If we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, our management team, sponsor or any of their respective affiliates may purchase public shares or units in privately negotiated transactions or in the open market either prior to or following the completion of our initial business combination. Such a purchase would include a contractual acknowledgment that such shareholder, although still the record holder of our shares is no longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights. In the event that our sponsor, directors, officers or their affiliates purchase shares in privately negotiated transactions from public shareholders who have already elected to exercise their redemption rights or submitted a proxy to vote against our initial business combination, such selling shareholders would be required to revoke their prior elections to redeem their shares and any proxy to vote against our initial business combination. We do not currently anticipate that such purchases, if any, would constitute a tender offer subject to the tender offer rules under the Exchange Act or a going-private transaction subject to the going-private rules under the Exchange Act; however, if the purchasers determine at the time of any such purchases that the purchases are subject to such rules, the purchasers will be required to comply with such rules. It is intended that, if Rule 10b-18 would apply to purchases by our sponsor, directors, executive officers or any of their affiliates, then such purchases will comply with Rule 10b-18 under the Exchange Act, to the extent it