Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 35

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 35
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 public shares, which redemption will completely extinguish public shareholders’         
 rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as                  
 reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors,             
 liquidate and dissolve, subject, in each case, to our obligations under Cayman Islands law to provide for claims of creditors and            
 the requirements of other applicable law.                                                                                                    
 There                                                                                                                                        
 is no limitation on our ability to raise funds privately or through loans in connection with our initial business combination. Nasdaq        
 rules require that we must complete one or more business combinations having an aggregate fair market value of at least 80% of the           
 value of the trust account (excluding any deferred underwriting commissions and taxes payable on the interest earned on the trust            
 account) at the time of our agreement to enter into our initial business combination. If our board of directors is not able to independently 
 determine the fair market value of the target business or businesses, we will obtain an opinion from an independent investment banking       
 firm that is a member of FINRA or from an independent registered public accounting firm. We will complete our initial business combination   
 only if the post-transaction company in which our public shareholders own shares will own or acquire 50% or more of the outstanding          
 voting securities of the target or otherwise acquires a controlling interest in the target business sufficient for it not to be required     
 to register as an investment company under the Investment Company Act. Even if the post-transaction company owns or acquires 50%             
 or more of the voting securities of the target, our shareholders prior to our initial business combination may collectively own a            
 minority interest in the post-transaction company, depending on valuations ascribed to the target and us in our initial business             
 combination transaction. If less than 100% of the equity interests or assets of a target business or businesses are owned or acquired        
 by the post-transaction company, the portion of such business or businesses that is owned or acquired is what will be taken into             
 account for purposes of the 80% of net assets test.                                                                                          |

| 24 |

| Permitted                                                            
 purchases of public shares and public Share Rights by our affiliates |     | If                                                                                                                                  
 we seek shareholder approval of our initial business combination and we do not conduct redemptions                                  
 in connection with our initial business combination pursuant to the tender offer rules, our                                         
 management team, sponsor or any of their respective affiliates