Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 480

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 480
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333,333 Earnout Shares; and

(iii) Upon the occurrence of Triggering Event III, a one-time issuance of 4,333,333 Earnout Shares.

(b) If, during the Earnout Period, there is a Change of Control pursuant to which the Purchaser or its stockholders have the right to receive consideration implying a value per share of Domesticated Purchaser Common Stock after giving effect to the issuance of any Earnout Shares to be issued (as determined in good faith by the Post-Closing Purchaser Board) of:

(i) less than $12.50, then Section2.03(a)and this Section2.03(b)shall terminate and no further shares of Domesticated Purchaser Common Stock shall be issuable thereunder or hereunder;

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(ii) greater than or equal to $12.50 but less than $15.00, then, (A) immediately prior to such Change of Control, the Company shall issue 4,333,334 shares of Domesticated Purchaser Common Stock to the Eligible Stockholders (based on their respective Pro Rata Shares) (less any Earnout Shares issued prior to such Change of Control pursuant to Section2.03(a)(i),(ii)or (iii); provided, thatsuch reduction shall not reduce the number of shares required to be issued to a number that is below zero) and (B) thereafter, Section2.03(a)and this Section2.03(b)shall terminate and no further Earnout Shares shall be issuable thereunder or hereunder;

(iii) greater than or equal to $15.00 but less than $17.50, then (A) immediately prior to such Change of Control, the Company shall issue 8,666,667 shares of Domesticated Purchaser Common Stock to the Eligible Stockholders (based on their respective Pro Rata Shares) (less any Earnout Shares issued prior to such Change of Control pursuant to Sections2.03(a)(i),(ii)or (iii); provided, thatsuch reduction shall not reduce the number of shares required to be issued to a number that is below zero) and (B) thereafter, Section2.03(a)and this Section2.03(b)shall terminate and no further Earnout Shares shall be issuable thereunder or hereunder; and

(iv) greater than or equal to $17.50, then (A) immediately prior to such Change of Control, the Company shall issue 13,000,000