Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 39

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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 the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and
liabilities, disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and income and
expenses during the periods reported. Actual results could materially differ from those estimates. HVII has not identified any critical
accounting estimates.

23

ITEM
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

HVII
is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide the information otherwise
required under this item.

ITEM
4. CONTROLS AND PROCEDURES

Evaluation
of Disclosure Controls and Procedures

Disclosure
controls are procedures that are designed with the objective of ensuring that information required to be disclosed in HVII’s reports
filed under the Exchange Act, such as this Quarterly Report, is recorded, processed, summarized, and reported within the time period
specified in the SEC’s rules and forms. Disclosure controls are also designed with the objective of ensuring that such information
is accumulated and communicated to HVII’s management, including the chief executive officer and chief financial officer, as appropriate
to allow timely decisions regarding required disclosure. HVII’s management evaluated, with the participation of HVII’s current
chief executive officer and chief financial officer (HVII’s “Certifying Officers”), the effectiveness of HVII’s
disclosure controls and procedures as of June 30, 2025, pursuant to Rule 13a-15(b) under the Exchange Act. Based upon that evaluation,
HVII’s Certifying Officers concluded that, as of June 30, 2025, HVII’s disclosure controls and procedures were effective.

HVII
does not expect that its disclosure controls and procedures will prevent all errors and all instances of fraud. Disclosure controls and
procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the
disclosure controls and procedures are met. Further, the design of disclosure controls and procedures must reflect the fact that there
are resource constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure
controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that HVII has detected all
HVII’s control deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly
on certain assumptions about the likelihood