Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 19

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 19
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II
may seek to raise additional funds in connection with the completion of its initial business combination through a private offering of
equity securities or debt securities or loans, and HVII may effectuate its initial business combination using the proceeds of such offerings
or loans rather than using the amounts held in the trust account. In the case of an initial business combination funded with assets other
than the trust account assets, HVII’s tender offer documents or proxy materials disclosing the business combination would disclose
the terms of the financing and, only if required by applicable law, HVII would seek shareholder approval of such financing. There are
no prohibitions on HVII’s ability to raise funds privately or through loans in connection with its initial business combination.
At this time, HVII is not a party to any arrangement or understanding with any third party with respect to raising any additional funds
through the sale of securities or otherwise.

Although
HVII’s management will assess the risks inherent in a particular target business with which HVII may combine, HVII cannot assure
investors that this assessment will result in identifying all risks that a target business may encounter. Furthermore, some of those
risks may be outside of HVII’s control, meaning that HVII can do nothing to control or reduce the chances that those risks will
adversely impact a target business.

The
time required to select and evaluate a target business and to structure and complete HVII’s initial business combination, and the
costs associated with this process, are not currently ascertainable with any degree of certainty. Any costs incurred with respect to
the identification and evaluation of a prospective target business with which HVII’s initial business combination is not ultimately
completed will result in HVII incurring losses and will reduce the funds HVII can use to complete another business combination.

Sourcing
of Target Businesses

HVII
may engage the services of professional firms or other individuals that specialize in business acquisitions, in which event HVII may
pay a finder’s fee, consulting fee, advisory fee or other compensation to be determined in an arm’s length negotiation based
on the terms of the transaction. HVII will engage a finder only to the extent its management determines that the use of a finder may
bring opportunities to HVII that may not otherwise be available or if finders approach HVII on an unsolicited basis with a potential
transaction that its management determines is in HVII’s best interest to pursue. Payment of finder’s fees is customarily
tied to the completion of a