Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 265

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 265
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 Combination

HVII has up to 24 months from the closing of the IPO to consummate an initial business combination. HVII may hold a Public Shareholder vote at any time to amend the HVII Charter to modify the amount of time it will have to consummate an initial business combination (as well as to modify the substance or timing of its obligation to redeem 100% of the HVII Public Shares if it has not consummated an initial business combination within the completion window or with respect to any other provisions relating to HVII Shareholders’ rights or pre-initial business combination activity), in which case the HVII Public Shareholders will be offered an opportunity to redeem their HVII Public Shares. The Sponsor and HVII’s executive officers and directors have agreed that they will not propose any such amendment unless HVII provides the HVII Public Shareholders with the opportunity to redeem their HVII Public Shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (net of permitted withdrawals), divided by the number of then outstanding HVII Public Shares, subject to the limitations described herein.

If HVII does not complete its initial business combination within the completion window, while it does not currently intend to seek Public Shareholder approval to amend the HVII Charter to extend the amount of time it will have to consummate an initial business combination, it may elect to do so in the future. There is no limit on the number of extensions that HVII may seek. If HVII determines not to extend, or fails to obtain HVII Public Shareholder approval to extend, the time period to consummate its initial business combination, and the time to consummate its initial business combination expires, the Sponsor’s investment in its Founder Shares and its Private Placement Units will be worthless.

If HVII does not complete its initial business combination within the completion window and does not hold a HVII Public Shareholder vote to amend the HVII Charter to extend the amount of time it has to consummate an initial business combination, HVII will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the HVII Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (net of permitted withdrawals and up to