Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 119

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 119
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 the risk of non-compliance.

HVII
is subject to rules and regulations by various governing bodies, including, for example, the Securities and Exchange Commission, which
are charged with the protection of investors and the oversight of companies whose securities are publicly traded, and to new and evolving
regulatory measures under applicable law. HVII’s efforts to comply with new and changing laws and regulations have resulted in
and are likely to continue to result in, increased general and administrative expenses and a diversion of management time and attention
from revenue-generating activities to compliance activities.

Moreover,
because these laws, regulations and standards are subject to varying interpretations, their application in practice may evolve over time
as new guidance becomes available. This evolution may result in continuing uncertainty regarding compliance matters and additional costs
necessitated by ongoing revisions to HVII’s disclosure and governance practices. If HVII fails to address and comply with these
regulations and any subsequent changes, HVII may be subject to penalty and its business may be harmed.

HVII
is a newly incorporated company with no operating history and no revenues, and investors have no basis on which to evaluate its ability
to achieve its business objective.

HVII
is a newly incorporated Cayman Islands exempted company with no operating results, and it did not commence operations until obtaining
funding through HVII’s initial public offering. Because HVII lacks an operating history, investors have no basis upon which to
evaluate its ability to achieve its business objective of completing its initial business combination with one or more target businesses.
HVII has no plans, arrangements or understandings with any prospective target business concerning an initial business combination and
may be unable to complete its initial business combination. If HVII fails to complete its initial business combination, it will never
generate any operating revenues.

  67  

Past
performance by HVII’s management team and their respective affiliates may not be indicative of future performance of an investment
in HVII.

With
respect to the experiences of HVII’s management team and their respective affiliates, past performance is not a guarantee (i) that
HVII will be able to identify a suitable candidate for its initial business combination or (ii) of success with respect to any business
combination HVII may consummate. Investors should not rely on the historical performance of HVII’s management team and their respective
affiliates (either individually or collectively) as indicative of HVII’s future performance of an investment in the company or
the returns the company will, or is likely to