Company: HVIIR
Filing Date: 2025-12-23
Form Type: S-4
Source: 0001493152-25-029121
Chunk: 433

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-12-23
Form: S-4
Chunk 433
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 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 onereportable segment.

| F-18 |

HENNESSY CAPITAL INVESTMENT CORP. VII

NOTES TO CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 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 statements 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

|                                             |     |   | September 30, 2025 |     |   | December 
 31, 2024 |
|:--------------------------------------------|:----|:--|-------------------:|:----|:--|---------:|
| Cash and cash equivalents                   |     | $ |          1,622,799 |     | $ |   20,005 |
| Marketable securities held in Trust Account |     | $ |        195,206,616 |     | $ |        — |

|                                                                |     |   |                For 
          the Three 
             Months 
              Ended 
 September 30, 2025 |     |   |                For 
           the Nine 
             Months 
              Ended 
 September 30, 2025 |     |   |                  For 
      the Period from 
            September 
 27, 2024