Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 35

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 35
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 presented, must be approved by ordinary resolution under the HVII Charter and Cayman Islands   
 law, being a resolution passed at the HVII Shareholders’ Meeting by a simple majority of the holders of the issued and outstanding    
 HVII Ordinary Shares being entitled to do so, voting in person or by proxy thereon.                                                   |

An HVII Shareholder’s failure to vote by proxy, over the internet, or in person online at the HVII Shareholders’ Meeting will have no effect on the approval of the Business Combination Proposal once a quorum (the holders of at least a majority of the issued and outstanding HVII Ordinary Shares, present in person or by proxy) is obtained. Pursuant to the Letter Agreement, the Sponsor and HVII’s officers and directors that, in the aggregate, hold 6,333,333 HVII Class B Ordinary Shares (representing 100% of HVII Class B Ordinary Shares outstanding), have agreed to support the adoption of the Business Combination Proposal and the Business Combination. As of the record date, the Sponsor and HVII’s officers and directors beneficially own an aggregate of approximately 6,833,333 HVII Ordinary Shares. As a result, in addition to the Initial Shareholders’ Founder Shares and HVII Class A Ordinary Shares, HVII would need (i) 6,178,334, or 32.52%, of the 19,000,000 HVII Public Shares sold in the IPO to be voted in favor of the Business Combination Proposal, the Stock Issuance Proposal, the Incentive Plan Proposal and the Director Election Proposal and (ii) 10,515,556, or 55.3%, of the 19,000,000 HVII Public Shares sold in the IPO to be voted in favor of the Organizational Documents Proposal in order to have the Business Combination approved, assuming all outstanding shares are voted and the parties to the Letter Agreement do not acquire any HVII Public Shares. Assuming that only the holders of one-half of its issued and outstanding HVII Ordinary Shares, representing a quorum under the HVII Charter, vote their HVII Ordinary Shares at the HVII Shareholders’ Meeting, and also assuming that the parties to the Letter Agreement do not acquire any HVII Public Shares, in addition to the Initial Shareholders’ Founder Shares and HVII Class A Ordinary Shares (i) HVII would not need any HVII Public Shares to be voted in favor of the Business Combination Proposal, the Stock Issuance Proposal, the Incent