Company: HVIIR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001741
Chunk: 130

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 130
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 affect prevailing market prices for Class A ordinary shares and/or share rights.  
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Similarly,
if HVII issues debt securities or otherwise incur significant indebtedness, it could result in:

  default                                                                               

  acceleration                                                                                 

  HVII’s                                                                                      

  HVII’s                                                                                         

  HVII’s                                          

  74  

  using                                                                                                                                    
  limitations                                                                                                                              
  increased                                                                                                                                
  limitations                                                                                                                              
  other                                                                                                                                    

HVII
expects to continue to incur significant costs in the pursuit of its acquisition plans. It cannot assure that its plans to complete a
business combination will be successful.

Results
of Operations

HVII
has neither engaged in any operations nor generated any operating revenues to date. The only activities from inception through December
31, 2024, were organizational activities and those necessary to prepare for HVII’s initial public offering, described below. HVII
does not expect to generate any operating revenues until after the completion of its initial business combination. It expects to generate
non-operating income in the form of interest income from funds held after the initial public offering. Subsequent to its initial public
offering, HVII has incurred increased expenses as a result of being a public company (for legal, financial reporting, accounting and
auditing compliance), as well as for due diligence expenses in connection with searching for, and completing, an initial business combination.

For
the period from September 27, 2024 (inception) through December 31, 2024, HVII had a net loss of $47,952, which consisted of formation
and general and administrative costs.

Liquidity
and Capital Resources

Until
the consummation of the initial public offering, HVII’s only source of liquidity was an initial purchase of Class B ordinary shares,
par value $0.0001 per share, by the Sponsor for $25,000 and loans from the Sponsor, which were repaid at the closing of the initial public
offering.

Subsequent
to the period covered by this Report, on January 21, 2025, HVII consummated the initial public offering of 19,000,000 units, which includes
the partial exercise by the underwriters of their over-allotment option in the amount of 1,500,000 units, at $10.00 per unit, generating
gross proceeds of $190,000,000. Simultaneously