Glazer Capital and Paul Glazer disclose 2.74% HVII ownership stake
Rhea-AI Filing Summary
Hennessy Capital Investment Corp. VII received an amended Schedule 13G from Glazer Capital, LLC and Paul J. Glazer. The filing reports beneficial ownership of 540,100 Class A ordinary shares, representing 2.74% of the outstanding class.
The shares are held by funds and managed accounts advised by Glazer Capital, with voting and dispositive power shared, and no sole power reported. The reporting persons certify the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
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FAQ
What ownership stake in HVII does Glazer Capital report in this Schedule 13G/A?
Glazer Capital reports beneficial ownership of 540,100 Class A shares, representing 2.74% of Hennessy Capital Investment Corp. VII. These shares are held through funds and managed accounts it advises, with shared voting and dispositive power and no sole authority disclosed in the filing.
Who are the reporting persons in the Hennessy Capital Investment Corp. VII (HVII) Schedule 13G/A?
The reporting persons are Glazer Capital, LLC and its Managing Member, Paul J. Glazer. Glazer Capital serves as investment manager to certain funds and accounts, while Paul J. Glazer reports due to his role, with both disclaiming admission of beneficial ownership for all Section 13 purposes.
Does the HVII Schedule 13G/A indicate any intent to influence control of the company?
The filing explicitly states the securities were acquired and are held in the ordinary course of business, not to change or influence control. It further clarifies they are not held in connection with any transaction intended to affect control, aside from limited nomination-related activities referenced.
Why does the Schedule 13G/A for HVII note ownership of 5 percent or less of the class?
Item 5 confirms the reporting persons’ beneficial ownership is 5 percent or less of the Class A ordinary shares. With a 2.74% stake, they fall below the 5% threshold, which is important for how their holdings are categorized and reported under Section 13 rules.