Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 288

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 288
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 a bankruptcy or insolvency court could seek to recover some or all amounts received by HVII shareholders. Furthermore, the HVII Board may be viewed as having breached its fiduciary duty to HVII’s creditors and/or may have acted in bad faith, and thereby exposing itself and HVII to claims of punitive damages, by paying HVII Public Shareholders from the Trust Account prior to addressing the claims of creditors. There is no assurance that claims will not be brought against HVII for these reasons. Please see the section of this proxy statement/prospectus entitled “ Risk Factors — Risks Related to HVII — If, after HVII distributes the proceeds in the Trust Account to HVII Public Shareholders, HVII files a bankruptcy or winding-up petition or an involuntary bankruptcy or winding-up petition is filed against HVII that is not dismissed, a bankruptcy or insolvency court may seek to recover such proceeds, and HVII and its board may be exposed to claims of punitive damages.”

HVII Public Shareholders will be entitled to receive funds from the Trust Account only upon the earliest to occur of: (i) HVII’s completion of an initial business combination, and then only in connection with those HVII Class A Ordinary Shares that such shareholder properly elected to redeem, subject to the limitations described herein, (ii) the redemption of any HVII Public Shares properly submitted in connection with a HVII Public Shareholder vote to amend the HVII Charter (A) to modify the substance or timing of HVII’s obligation to provide for the redemption of HVII Public Shares in connection with an initial business combination or to redeem 100% of HVII Public Shares if HVII has not consummated its initial business combination within the completion window or (B) with respect to any other provision relating to HVII Public Shareholders’ rights or pre-initial business combination activity and (iii) the redemption of HVII Public Shares if HVII is unable to complete an initial business combination within the completion window, subject to applicable law and as further described herein. In no other circumstances will a HVII Public Shareholder have any right or interest of any kind to or in the Trust Account. In the event HVII seeks HVII Public Shareholder approval in connection with its initial business combination, a HVII Public Shareholder’s voting in connection with HVII’s initial business combination alone will not result in a HVII Public Shareholder’s redeeming its HVII Public Shares to HVII for an applicable pro rata share of the Trust Account. Such HVII Public Share