Hennessy Capital Investment Corp. VII is a Delaware corporation formed in June 2021 as a special purpose acquisition company (SPAC). The company’s primary purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities, collectively referred to as its initial business combination. As a blank check company, it has no ongoing operations pending identification and completion of a qualifying transaction.
The company completed its initial public offering in July 2021, selling units comprised of Class A common shares and redeemable warrants. The units, Class A common shares and public warrants trade on the Nasdaq under the symbols “HVIIU,” “HVII” and “HVIIW,” respectively. The funds raised are held in a trust account to be used for a business combination or returned to shareholders if the SPAC does not complete a qualifying transaction within the prescribed timeframe.
Hennessy Capital Investment Corp. VII is sponsored by Hennessy Capital, a corporate advisory firm founded by Michael J. Hennessy in New York. The sponsor and advisory team bring extensive backgrounds in mergers and acquisitions, corporate finance and strategic advisory services. The SPAC seeks opportunities in sectors including technology, media and telecommunications, business services, consumer, industrials and financial services, targeting companies with strong growth potential and strategic synergies.
Although the company has not yet announced a definitive business combination target, it actively evaluates prospective opportunities in North America and internationally. Its blank check structure offers investors the chance to participate alongside experienced sponsors in the acquisition of private companies and benefit from their industry expertise and transaction capabilities.
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