Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 34

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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That May Adversely Affect HVII’s Results of Operations

HVII’s
results of operations and its ability to complete a business combination may be adversely affected by various factors that could cause
economic uncertainty and volatility in the financial markets, many of which are beyond HVII’s control. HVII’s results of
operations and its ability to consummate a business combination could be impacted by, among other things, downturns in the financial
markets or in economic conditions, increases in oil prices, inflation, fluctuations in interest rates, increases in tariffs, supply chain
disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military
conflicts in Ukraine and the Middle East. HVII cannot at this time predict the likelihood of one or more of the above events, their duration
or magnitude or the extent to which they may negatively impact HVII’s business and its ability to complete a business combination.

Results
of Operations

HVII
has neither engaged in any operations nor generated any operating revenues to date. The only activities from inception through June 30,
2025, were organizational activities and those necessary to prepare for HVII’s initial public offering, described below. HVII does
not expect to generate any operating revenues until after the completion of its business combination. It expects to generate non-operating
income in the form of interest income from funds held after the initial public offering. Subsequent to its initial public offering, HVII
has incurred increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance),
as well as for due diligence expenses in connection with searching for, and completing, a business combination.

For
the three months ended June 30, 2025, HVII had net income of $1,520,515, which consisted of interest earned on marketable securities
held in the Trust Account of $1,953,980, interest earned on cash equivalents of $15,444 offset by $448,910 of general and administrative
costs.

For
the six months ended June 30, 2025, HVII had net income of $2,538,521, which consisted of interest earned on marketable securities held
in the Trust Account of $3,448,469, interest earned on cash equivalents of $27,997 offset by $937,945 of general and administrative costs.

21

Liquidity
and Capital Resources

Until
the consummation of the initial public