Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 28

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 28
---
D FINANCIAL STATEMENTS

JUNE
30, 2025

(UNAUDITED)

At
June 30, 2025, assets held in the Trust Account were comprised of $193,308,208 in a money market account. At December 31, 2024, there
were no assets held in the Trust Account. The Company has not withdrawn any interest income from the Trust Account.

 SCHEDULE OF ASSETS MEASURED AT FAIR VALUE

    Level  
    June
    30, 2025 
  
    Assets: 

    Marketable securities held in Trust
    Account 
     1  
    $193,308,208 

The
following table presents information about the Company’s assets that are measured at fair value, and indicates the fair value hierarchy
of the valuation inputs the Company utilized to determine such fair value:

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
oper