Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 33

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 33
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 meeting of the company. With respect to any other matter submitted to a vote of our shareholders, including any         
 vote in connection with our initial business combination, except as required by applicable law or stock exchange rule, holders of          
 our Class A ordinary shares and holders of our Class B ordinary shares will vote together as a single class, with each                     
 share entitling the holder to one vote.                                                                                                    |
| Founder                                                                                       
 shares                                                                                        |     | On                                                                                                                                         
 October 8, 2024, our sponsor purchased an aggregate of 5,750,000 Class B ordinary shares (“founder shares”) (up to                         
 750,000 of which are subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ option                
 to purchase additional units is exercised) for an aggregate purchase price of $25,000, or approximately $0.004 per share. On January       
 10, 2025, the Company issued an additional 958,333 founder shares (up to 125,000 shares of which are subject to forfeiture depending       
 on the extent to which the underwriters’ over-allotment option is exercised) for no additional consideration, resulting in                 
 the sponsor holding a total of 6,708,333 founder shares (up to 875,000 of which are subject to forfeiture by the holders thereof           
 depending on the extent to which the underwriters’ option to purchase additional units is exercised). The number of founder                
 shares issued was determined based on the expectation that the founder shares would represent 25% of the outstanding ordinary shares       
 upon the completion of this offering (excluding the private placement shares). This structure is unlike the structure of similar           
 blank check companies, which often provide that the founder shares would equal 20% of the outstanding ordinary shares upon the completion  
 of the offering. The purchase price of the founder shares was determined by dividing the amount of cash contributed to us by the           
 number of founder shares issued. If we increase or decrease the size of this offering, we will effect a capitalization or share repurchase 
 or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to              
 the consummation of the offering in such amount as to maintain the ownership of our initial shareholders at 25% of the issued and          
 outstanding ordinary shares upon the consummation of this offering (excluding the private placement shares). Our public shareholders       
 may incur material dilution due to such anti-dilution adjustments that result in the issuance of Class