Company: HVIIR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023283
Chunk: 69

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 69
---
 Ended
                                                                                June
                                            30, 2025  
    For
                                            the Six
                                                                                Months
                                            Ended
                                                                                June
                                            30, 2025 
  
    General and administrative costs 
    $448,910  
    $937,945 
  
    Interest earned on marketable securities held
    in Trust Account 
    $1,953,980  
    $3,448,469 

The
CODM reviews interest earned on the Trust Account to measure and monitor shareholder value and determine the most effective strategy
of investment with the Trust Account funds while maintaining compliance with the trust agreement. General and administrative costs are
reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination
or similar transaction within the Completion Window. The CODM also reviews general and administrative costs to manage, maintain and enforce
all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported
on the statement of operations, are the significant segment expenses provided to the CODM on a regular basis.

All
other segment items included in net income or loss are reported on the statement of operations and described within their respective
disclosures.

NOTE
10 — SUBSEQUENT EVENTS

The
Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the unaudited condensed
financial statements were issued. The Company did not identify any subsequent events that would have required adjustment or disclosure
in the unaudited condensed financial statements.

18

ITEM
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

References
in this Quarterly Report on Form 10-Q (this “Quarterly Report”) to “HVII” refer to Hennessy Capital Investment
Corp. VII. References to HVII’s “management” or HVII’s “management team” refer to HVII’s officers
and directors. References to the “sponsor” refer to HC VII Sponsor LLC. The following discussion and analysis of HVII’s
financial condition and results of operations should be read in conjunction with the unaudited condensed financial statements and the
notes thereto contained elsewhere in this Quarterly Report.

Special
Note Regarding Forward Looking Statements

This
Quarterly Report (including, without limitation, statements under the heading “Management’s Discussion and Analysis of
Financial Condition and Results of Operations”) includes forward-looking statements within the meaning of Section