Company: HVIIR
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023499
Chunk: 29

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 FAIR VALUE

    Level  
    September 30, 2025 
  
    Assets: 

    Marketable securities held in Trust Account 
     1  
    $195,206,616 

The
fair value of the Share Rights as of January 21, 2025 issued in the Initial Public Offering was $1,577,000, or $0.083 per Share Right.
The Share Rights issued in the Initial Public Offering have been classified within shareholders’ deficit and will not require remeasurement
after issuance. The following table presents the quantitative information regarding market assumptions used in the valuation of the Share
Rights issued in the Initial Public Offering:

 SCHEDULE OF FAIR VALUE ASSUMPTIONS USED IN VALUATION OF SHARE RIGHTS

    January 21, 2025 
  
    Underlying share price 
    $9.91 
  
    Pre-adjusted value per share right 
    $0.83 
  
    Market adjustment(1) 
     10.0%
  
    Fair Value per share right 
    $0.083 
  
    Valuation of share rights issued 
    $0.083 

    (1)
    Market
    adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of a Business
    Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of stock
    price prior to beginning of the exercise period. The adjustment is determined by comparing traded right prices to simulated model
    outputs. The market adjustment was determined by calibrating traded Share Rights prices as of the valuation dates.

NOTE
9 — SEGMENT REPORTING

ASC
Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about
operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise
that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information
is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding
how to allocate resources and assess performance.

The
Company’s CODM has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics
for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management
has determined that there is only one reportable segment.