Company: HVIIR
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010497
Chunk: 3

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
690,000 
     69  
     —  
     —  
     6,899,931  
     —  
     6,900,000 

    Fair value of public Share Rights at issuance 
     — 
     —  
     —  
     —  
     1,577,000  
     —  
     1,577,000 

    Allocated value of transaction costs to Class A ordinary shares 
     — 
     —  
     —  
     —  
     (148,727) 
     —  
     (148,727)

    Forfeiture of founder shares

    —

    —

    (375,000
    )

    (38
    )

    38

    —

    —

    Accretion for Class A ordinary shares to redemption amount 
     — 
     —  

     (8,352,571) 
     (7,152,248) 
     (15,504,819)

    Net income 
     — 
     —  
     —  
     —  
     —  
     1,018,007  
     1,018,007 

    Balance – March 31, 2025 
     690,000 
    $69  
     6,333,333  
    $633  
    $—  
    $(6,182,193) 
    $(6,181,491)
  
    Balance 
     690,000 
    $69  
     6,333,333  
    $633  
    $—  
    $(6,182,193) 
    $(6,181,491)

The accompanying notes are an integral part
of the unaudited condensed financial statements.

3

HENNESSY CAPITAL INVESTMENT CORP. VII

CONDENSED STATEMENT OF CASH FLOWS

FOR THE THREE MONTHS ENDED MARCH 31,
2025

(UNAUDITED)

    Cash flows from operating activities: 

    Net income 
    $1,018,007 
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Interest earned on marketable securities held in Trust Account 
     (1,494,489)
  
    Changes