Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 5

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 5
---
 with extensions and approximately 89.0% in       
  connection with the business combination. LCW’s business combination with Innventure           
  closed on October 2, 2024. Shares of LCW common stock trade on the Nasdaq Stock Market under   
  the symbol “ INV”, and the price of the common stock has ranged from $6.57 to                  
  $18.75 following the consummation of the business combination, with a closing price of $8.70   
  on February 28, 2025.                                                                          
 ─────────────────────────────────────────────────────────────────────────────────────────────────

Competitive
Strengths

Experienced
SPAC Management Team with Business Combination Success

The
team is led by Daniel J. Hennessy, HVII’s Chairman and CEO, who is one of the longest-tenured and most experienced SPAC sponsor
executives. In September 2013, Mr. Hennessy became Chairman of the Board and Chief Executive Officer of Hennessy Capital Acquisition
Corp., or Hennessy I, which merged with School Bus Holdings Inc., or SBH, in February 2015 and is now known as Blue Bird Corporation
(NASDAQ: BLBD), and previously served as Vice Chairman of the Board of Blue Bird Corporation from February 2015 to April 2019. From April
2015 to February 2017, Mr. Hennessy served as Chairman of the Board and Chief Executive Officer of Hennessy Capital Acquisition Corp.
II, or Hennessy II, which merged with Daseke in February 2017 and was subsequently acquired by TFI International (NYSE and TSX: TFII),
and previously served as Vice Chairman of the Board of Daseke from February 2017 to June 2021. From January 2017 to October 2018, Mr.
Hennessy served as Chairman of the Board and Chief Executive Officer of Hennessy Capital Acquisition Corp. III, or Hennessy III, which
merged with NRC Group Holdings, LLC, a global provider of comprehensive environmental, compliance and waste management services in October
2018. In November 2019, NRC Group Holdings Corp. merged with U. S. Ecology, Inc. at an attractive premium to the then current stock price.
From March 2019 to December 2020, Mr. Hennessy served as Chairman of the Board and CEO of Hennessy Capital Acquisition Corp. IV, or Henness