Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 111

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 1A
Chunk 111
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As
of the date of this Quarterly Report, except as detailed below, there have been no material changes to the risk factors disclosed in
HVII’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on March 31, 2025. Any of these factors
could result in a significant or material adverse effect on HVII’s results of operations or financial condition. Additional risk
factors not presently known to HVII or that HVII currently deems immaterial may also impair HVII’s business or results of operations.
HVII may disclose changes to such risk factors or disclose additional risk factors from time to time in its future filings with the SEC.

Changes
in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on HVII’s
search for a business combination target or the performance or business prospects of a post-business combination company.

There
have recently been significant changes to international trade policies and tariffs affecting imports and exports. Any significant increases
in tariffs on goods or materials or other changes in trade policy could negatively affect HVII’s search for a target business and/or
HVII’s ability to complete its business combination.

Recently,
the U.S. has implemented a range of new tariffs and increases to existing tariffs. In response to the tariffs announced by the U.S.,
other countries have imposed, are considering imposing, and may in the future impose new or increased tariffs on certain exports from
the U.S. There is currently significant uncertainty about the future relationship between the U.S. and other countries with respect to
trade policies, taxes, government regulations and tariffs. HVII cannot predict whether, and to what extent, current tariffs will continue
or trade policies will change in the future.

Tariffs,
or the threat of tariffs or increased tariffs, could have a significant negative impact on certain businesses (either due to domestic
businesses reliance on imported goods or dependence on access to foreign markets, or foreign businesses’ reliance on sales into
the U.S.). In addition, retaliatory tariffs could have a significant negative impact on foreign businesses that rely on imports from
the U.S., and domestic businesses that rely on exporting goods internationally. These tariffs and threats of tariffs and other potential
trade policy changes could negatively affect the attractiveness of certain business combination targets, or lead to material adverse
effects on a post-business combination company. Among other things, historical financial performance of companies affected by trade policies
and/or tariffs may not provide useful guidance as to