Correspondence 0001493152-24-049287 from Hennessy Capital Investment Corp. VII (HVII, HVIIR, HVIIU) (CIK 0001846416) (HVII)
Hennessy Capital Investment Corp. VII (HVII, HVIIR, HVIIU) (CIK 0001846416)
Date: Dec. 9, 2024 · CIK: 0001846416 · Accession: 0001493152-24-049287
AI Filing Summary & Sentiment
File numbers found in text: 333-283087
Referenced dates: December 5, 2024
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CORRESP
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Sidley
Austin LLP
787
Seventh Avenue
New
York, NY 10019
+1
212 839 5300
+1
212 839 5599 Fax
December
9, 2024
U.S.
Securities and Exchange Commission
Division
of Corporation Finance
100
F Street, N.E.
Washington,
DC 20549
Attention:
Frank
Knapp
Shannon
Menjivar
Ronald
(Ron) E. Alper
Mary
Beth Breslin
Re:
Hennessy
Capital Investment Corp. VII
Registration
Statement on Form S-1
Filed
November 8, 2024
File
No. 333-283087
Ladies
and Gentlemen:
On
behalf of Hennessy Capital Investment Corp. VII (the “Company”), we transmit herewith the above-referenced
Registration Statement on Form S-1 (the “Registration Statement”) via the Commission’s EDGAR system.
In this letter, we respond to the comments of the staff (the “Staff”) of the Division of Corporation Finance
of the Securities and Exchange Commission (the “Commission”) contained in the Staff’s letter dated December
5, 2024 (the “Letter”). For ease of reference, the numbered paragraphs below correspond to the numbered comments
in the Letter, with the Staff’s comments presented in bold font type.
The
responses below follow the sequentially numbered comments from the Letter. All page references in the responses set forth below refer
to page numbers in the Registration Statement. Capitalized terms used but not otherwise defined herein have the meanings ascribed to
such terms in the Registration Statement.
Registration
Statement on Form S-1 filed November 8, 2024 Summary
Our
Business Combination Process, page 13
1. You
state that you do not believe that the fiduciary, contractual or other obligations or duties
of your officers or directors will materially affect your ability to complete our initial
business combination. Please expand your disclosure to explain the basis for this belief.
Response: In
response to the Staff’s comment, the Company has revised the disclosure on pages 14,
35, 113, and 144 of the Registration Statement accordingly.
Sidley
Austin (NY) LLP is a Delaware limited liability partnership doing business as Sidley Austin LLP and practicing in affiliation with other
Sidley Austin partnerships.
December
9, 2024
Page 2
Our
Sponsor, page 14
2. We
note the disclosure that in order to facilitate your initial business combination or for
any other reason determined by your sponsor in its sole discretion, your sponsor may surrender
or forfeit, transfer or exchange your founder shares, private placement units or any of your
other securities, including for no consideration, as well as subject any such securities
to earn-outs or other restrictions, or otherwise amend the terms of any such securities or
enter into any other arrangements with respect to any such securities. Please add risk factor
disclosure about risks that may arise from the sponsor having the ability to remove itself
as your sponsor before identifying a business combination, including through the unconditional
ability to transfer the founder shares or otherwise.
Response: In
response to the Staff’s comment, the Company has revised the disclosure on page 74
of the Registration Statement accordingly.
We
may not be able to complete an initial business combination., page 49
3. With
a view toward disclosure, please tell us whether your sponsor is, is controlled by, has any
members who are, or has substantial ties with, a non-U.S. person.
Response: The
Company respectfully notes the Staff’s comment and confirms that the Company’s
sponsor is not, is not controlled by, and does not have substantial ties with or any members
who are, a non-U.S. person. In response to the Staff’s comment, the Company has revised
the disclosure on page 49 of the Registration Statement accordingly.
General
4. We
note references to “non-managing investors” on pages 79 and 182, but do not see
additional disclosure elsewhere describing them. Please revise or advise.
Response: In
response to the Staff’s comment, the Company has revised the disclosure on pages 79
and 182 of the Registration Statement accordingly.
*
* * * *
December 9, 2024
Page 3
If
you have any questions regarding the foregoing or the Registration Statement, please contact the undersigned at (212) 839-5444.
Very
truly yours,
/s/
Michael P. Heinz
Michael
P. Heinz
cc:
Daniel
J. Hennessy, Hennessy Capital Investment Corp. VII
Jeffrey
N. Smith, Sidley Austin LLP
Douglas
Ellenoff, Ellenoff Grossman & Schole LLP
Stuart
Neuhauser, Ellenoff Grossman & Schole LLP
Simon
Raftopoulos, Appleby (Cayman) Ltd.
Alexandra
Low, Appleby (Cayman) Ltd.