Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 172

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 172
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 regardless of whether such rights are or are not available, shareholders are still entitled to exercise the rights of redemption as set out herein, and the HVII Board has determined that the redemption proceeds payable to shareholders who exercise such redemption rights represents the fair value of those shares. Shareholders of HVII Ordinary Shares will have appraisal rights under the Cayman Islands Companies Act.

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Section 238. (1) of the Cayman Islands Companies Act provides that a member of a constituent company incorporated thereunder shall be entitled to payment of the fair value of that person’s shares upon dissenting from a merger or consolidation.

Section 239. (1) of the Cayman Islands Companies Act provides that no rights under section 238 of the Cayman Islands Companies Act shall be available in respect of the shares of any class for which an open market exists on a recognized stock exchange or recognized interdealer quotation system at the expiry date of the period allowed for written notice of an election to dissent under section 238(5) of the Cayman Islands Companies Act, provided that such section shall not apply if the holders thereof are required by the terms of a plan of merger or consolidation pursuant to section 233 or 237 of the Cayman Islands Companies Act to accept for such shares anything except: (a) shares of a surviving or consolidated company, or depository receipts in respect thereof; (b) shares of any other company, or depository receipts in respect thereof, which shares or depository receipts at the effective date of the merger or consolidation, are either listed on a national securities exchange or designated as a national market system security on a recognized interdealer quotation system or held of record by more than two thousand holders; (c) cash in lieu of fractional shares or fractional depository receipts described in paragraphs (a) and (b); or (d) any combination of the shares, depository receipts and cash in lieu of fractional shares or fractional depository receipts described in paragraphs (a), (b) and (c).

Shareholders of HVII Ordinary Shares who are considering exercising dissenter’s rights are advised to consult appropriate legal counsel.

Proxy Solicitation

HVII is soliciting proxies on behalf of the HVII Board. This solicitation is being made by mail but also may be made by telephone or in person. HVII and HVII’s directors and officers may also solicit proxies in person, by telephone or by other electronic means. HVII will bear the cost of the solicitation.

HVII has hired [ ] to assist in the proxy