Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 122

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 122
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 results of operations.

HVII
is subject to laws and regulations enacted by national, regional and local governments. In particular, HVII will be required to comply
with certain SEC and other legal requirements. Compliance with, and monitoring of, applicable laws and regulations may be difficult,
time consuming and costly.

Those
laws and regulations and their interpretation and application may also change from time to time and those changes could have a material
adverse effect on HVII’s business, investments and results of operations. In addition, a failure to comply with applicable laws
or regulations, as interpreted and applied, could have a material adverse effect on HVII’s business, including its ability to negotiate
and complete its initial business combination and results of operations.

Effective
July 1, 2024, the SEC issued final rules relating to, among other items, enhancing disclosures in business combination transactions involving
SPACs and private operating companies; amending the financial statement requirements applicable to transactions involving shell companies;
effectively limiting the use of projections in SEC filings in connection with proposed business combination transactions; and increasing
the potential liability of certain participants in proposed business combination transactions. These rules may materially adversely affect
HVII’s ability to engage financial and capital market advisors, negotiate and complete its initial business combination and may
increase the costs and time related thereto.

Because
HVII is incorporated under the laws of the Cayman Islands, shareholders may face difficulties in protecting their interests, and shareholders’
ability to protect their rights through the U. S. federal courts may be limited.

HVII
is an exempted company incorporated under the laws of the Cayman Islands. As a result, it may be difficult for investors to effect service
of process within the United States upon HVII’s directors or executive officers, or enforce judgments obtained in the United States
courts against HVII’s directors or officers.

HVII’s
corporate affairs and the rights of shareholders will be governed by HVII’s amended and restated memorandum and articles of association,
the Companies Act (as the same may be supplemented or amended from time to time) and the common law of the Cayman Islands. HVII will
also be subject to the federal securities laws of the United States. The rights of shareholders to take action against the directors,
actions by minority shareholders and the fiduciary responsibilities of HVII’s directors to HVII under Cayman Islands law are to
a large extent governed by the common law of the Cayman Islands. The common law of the Cay