Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 79

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 79
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 assure investors that such financing will be
available on acceptable terms, if at all. This additional financing may be significantly dilutive to the
post-combination company, and represent the type of financing risk that is not associated with traditional IPOs. To the extent that additional
financing proves to be unavailable when needed to complete HVII’s initial business combination, HVII would be compelled to either
restructure the transaction or abandon that particular business combination and seek an alternative target business candidate. Further,
the amount of additional financing HVII may be required to obtain could increase as a result of future growth capital needs for any particular
transaction, the depletion of the available net proceeds in search of a target business, the obligation to repurchase for cash a significant
number of shares from shareholders who elect redemption in connection with HVII’s initial business combination and/or the terms
of negotiated transactions to purchase shares in connection with HVII’s initial business combination. If HVII is unable to complete
its initial business combination, HVII’s public shareholders may receive only approximately $10.00 per share plus any pro rata
interest earned on the funds held in the trust account and not previously released to HVII for permitted withdrawals and to pay taxes
on the liquidation of HVII’s trust account and its share rights will expire worthless. In addition, even if HVII does not need
additional financing to complete its initial business combination, it may require such financing to fund the operations or growth of
the target business. The failure to secure additional financing could have a material adverse effect on the continued development or
growth of the target business. None of HVII’s officers, directors or shareholders is required to provide any financing to HVII
in connection with or after its initial business combination. If HVII is unable to complete its initial business combination, HVII’s
public shareholders may only receive approximately $10.00 per share on the liquidation of its trust account, and its share rights will
expire worthless. Furthermore, as described in the risk factor entitled “ If third parties bring claims against HVII, the proceeds
held in the trust account could be reduced and the per-share redemption amount received by shareholders may be less than $10.00 per share,”
under certain circumstances HVII’s public shareholders may receive less than $10.00 per share upon the liquidation of the trust
account.

HVII’s
initial shareholders may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that shareholders
do not support