Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 67

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 67
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 unobservable inputs used in order to value the assets and
liabilities:

Level
1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which
transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

Level
2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets
or liabilities and quoted prices for identical assets or liabilities in markets that are not active.

Level
3: Unobservable inputs based on assessment of the assumptions that market participants would use in pricing the asset or liability.

    16

HENNESSY
CAPITAL INVESTMENT CORP. VII

NOTES
TO CONDENSED 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 The Company has not withdrawn any interest income from the Trust Account.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%