Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 116

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 116
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 may be unable to sell their securities unless a market can be established and sustained.

Provisions
in HVII’s amended and restated memorandum and articles of association may inhibit a takeover of HVII, which could limit the price
investors might be willing to pay in the future for HVII’s Class A ordinary shares and could entrench management.

HVII’s
amended and restated memorandum and articles of association contain provisions that may discourage unsolicited takeover proposals that
shareholders may consider to be in their best interests. These provisions include the ability of the board of directors to designate
the terms of and issue new series of preferred shares, which may make the removal of management more difficult and may discourage transactions
that otherwise could involve payment of a premium over prevailing market prices for HVII’s securities.

HVII’s
amended and restated memorandum and articles of association provide that the courts of the Cayman Islands will be the exclusive forums
for certain disputes between HVII and its shareholders, which could limit the shareholders’ ability to obtain a favorable judicial
forum for complaints against HVII or its directors, officers or employees.

HVII’s
amended and restated memorandum and articles of association provide that unless HVII consents in writing to the selection of an alternative
forum, the courts of the Cayman Islands shall have exclusive jurisdiction over any claim or dispute arising out of or in connection with
the amended and restated memorandum and articles of association or otherwise related in any way to each shareholder’s shareholding
in HVII, including but not limited to: (i) any derivative action or proceeding brought on behalf of HVII; (ii) any action asserting a
claim of breach of any fiduciary or other duty owed by any current or former director, officer or other employee to HVII or its shareholders;
(iii) any action asserting a claim arising pursuant to any provision of the Companies Act or the amended and restated memorandum and
articles of association; or (iv) any action asserting a claim against HVII governed by the internal affairs doctrine (as such concept
is recognized under the laws of the United States) and that each shareholder irrevocably submits to the exclusive jurisdiction of the
courts of the Cayman Islands over all such claims or disputes. The forum selection provision in the amended and restated memorandum and
articles of association does not apply to actions or suits brought to enforce any liability or duty created by the Securities Act, Exchange
Act, or any claim for which the federal district courts