Company: HVIIR
Filing Date: 2025-10-23
Form Type: 8-K
Source: 0001493152-25-019001
Chunk: 1

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-10-23
Form: 8-K
Item: Item 1.01
Chunk 1
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 shares of Common Stock, at a price per share equal to the amount at which Class
A Ordinary Shares issued in the Purchaser’s initial public offering may be redeemed in connection with the Closing (the “ Redemption
Price”). In addition, the Company Members will be entitled to receive up to an aggregate of 13.0 million additional shares of Common
Stock in contingent consideration, subject to the achievement of certain share price milestones, as described below under the section titled “ Company
Earnout.”

At
the effective time of the Merger (the “ Effective Time”), each membership unit of the Company (each a “ Company Unit”)
that is issued and outstanding immediately prior to the Effective Time will be exchanged for such fraction of a newly issued share of
Common Stock that is equal to the quotient of (a) the Base Purchase Price, divided by the (b) Company Fully Diluted Capital (as
defined in the Business Combination Agreement), divided by (c) the Redemption Price (the shares of Common Stock issued in exchange for
Company Units, collectively, the “ Company Members Closing Consideration”).

Company
Earnout

During
the two-year period beginning on the first anniversary of the Closing Date and ending on the third anniversary of the Closing Date, the
Purchaser will issue up to 13.0 million additional shares of Common Stock as contingent consideration (collectively, the “ Earnout
Shares”) to the Company Members, subject to the achievement of certain share price milestones as follows below:

  (a)      4,333,334                                                                                                                              
  (b)      4,333,333                                                                                                                              
  (c)      4,333,333                                                                                                                              

Registration
Statement

As
promptly as practicable after the date of the Business Combination Agreement and receipt by the Purchaser of the PCAOB Audit (as defined
below), the Purchaser and the Company will prepare and the Purchaser will file with the Securities and Exchange Commission (the “ SEC”)
a registration statement on Form S-4 (the “ Registration Statement”), which will include a prospectus with respect to the
Purchaser’s securities to be issued in connection with the Business Combination Agreement and a proxy statement to be distributed
to the Purchaser’s shareholders in connection with the Purchaser’s solicitation of proxies for the vote by the Purchaser’s
shareholders with respect to the proposed Business Combination with the Company and other matters to be described in the Registration
Statement (the “ Proxy Statement”