Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 68

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 68
---
    Fair Value per share right 
    $0.083 
  
    Valuation of share rights issued 
    $0.083 

    (1)
    Market
    adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of a Business
    Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of stock
    price prior to beginning of the exercise period. The adjustment is determined by comparing traded right prices to simulated model
    outputs. The market adjustment was determined by calibrating traded Share Rights prices as of the valuation dates.

NOTE
9 — SEGMENT REPORTING

ASC
Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about
operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise
that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information
is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding
how to allocate resources and assess performance.

The
Company’s CODM has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics
for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management
has determined that there is only one reportable segment.

    17

HENNESSY
CAPITAL INVESTMENT CORP. VII

NOTES
TO CONDENSED FINANCIAL STATEMENTS

JUNE
30, 2025

(UNAUDITED)

The
CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported
on the statement of operations as net income or loss. The measure of segment assets is reported on the balance sheets as total assets.
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews the below key
metric included in net income or loss:

 SCHEDULE OF SEGMENT

    June
    30, 2025  
    December
    31, 2024 
  
    Cash 
    $1,861,192  
    $20,005 
  
    Marketable securities held in Trust Account 
    $193,308,208  
    $— 

    For
                                            the Three
                                                                                Months