Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 359

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 359
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 initial capital contribution into the entity.

Cash flows used in investing activities

There was no cash used in
investing activities for the period from February 10, 2025 (inception) through September 30, 2025.

Critical Accounting Policies and Estimates

Our management’s discussion and analysis of financial condition and results of operations is based on our financial statements which have been prepared in accordance with US GAAP standards. In preparing our financial statements, we make estimates, assumptions, and judgments that can have a significant impact on our reported revenue, results of operations, and net income or loss, as well as on the value of certain assets and liabilities on our balance sheet during and as of the reporting periods. These estimates, assumptions, and judgments are necessary because future events and their effects on our results and the value of our assets cannot be determined with certainty and are based on our historical experience and on other assumptions that we believe to be reasonable under the circumstances. These estimates may change as new events occur or additional information is obtained, and we may periodically be faced with uncertainties, the outcomes of which are not within our control and may not be known for a prolonged period. Because the use of estimates is inherent in the financial reporting process, actual results could differ from those estimates.

We believe that the assumptions and estimates associated with the following critical accounting policies involve significant judgment and thus have the most significant potential impact on our financial statements.

Off-Balance Sheet Arrangements

Other than as otherwise described
in this proxy statement/prospectus, the Company does not have any off-balance sheet arrangements that have, or are reasonably likely
to have, a material current or future effect on its financial condition, changes in financial condition, revenues, expenses, results
of operations, liquidity, capital expenditures or capital resources.

Recent Accounting Pronouncements

See “Recent Accounting
Pronouncements” described in Note 3 of the Company’s financial statements included elsewhere in this proxy statement/prospectus.

Emerging Growth Company Status

The Company is an emerging growth company, as
defined in the Jumpstart Our Business Startups (“JOBS”) Act. Under the JOBS Act, emerging growth companies can delay adopting
new or revised accounting standards issued subsequent to the enactment of the JOBS Act, until such time as to those standards apply to
private companies. The Company has elected to use this extended transition period for complying with new or revised accounting standards
that have different effective dates for public and private companies until the earlier of the date that it (i) is