Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 420

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 420
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         |           |     |                                              |            |     |                |         |     |         |           |
| Allocation of net income                              |     | $                                             |  1,001,256 |     | $              |  36,362 |     | $       |   333,752 |     | $                                            |  2,802,319 |     | $              | 101,769 |     | $       | 1,005,803 |
| Denominator:                                          |     |                                               |            |     |                |         |     |         |           |     |                                              |            |     |                |         |     |         |           |
| Basic and diluted weighted average shares outstanding |     |                                               | 19,000,000 |     |                | 690,000 |     |         | 6,333,333 |     |                                              | 17,538,462 |     |                | 636,923 |     |         | 6,294,871 |
| Basic and diluted net income per ordinary share       |     | $                                             |       0.05 |     | $              |    0.05 |     | $       |      0.05 |     | $                                            |       0.15 |     | $              |    0.15 |     | $       |      0.15 |

| F-11 |

HENNESSY CAPITAL INVESTMENT CORP. VII

NOTES TO CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

(UNAUDITED)

Share-Based Compensation

The Company records share-based compensation in accordance with FASB ASC Topic 718, “Compensation-Share Compensation” (“ASC 718”), guidance to account for its share-based compensation. It defines a fair value-based method of accounting for an employee share option or similar equity instrument. The Company recognizes all forms of share-based payments at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest. Share-based payments are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered have been recorded at the fair value of the share-based payment, which is the more readily determinable value. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vest