Hennessy Capital Investment Corp. VII
Business
Hennessy Capital Investment Corp. VII is a newly organized special purpose acquisition company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. It offers capital markets vehicles and transaction services including public units, private placement units, trust account financing and structuring and due diligence and advisory support for proposed business combinations. Its activities center on sponsor-led search and acquisition, deal origination and diligence, and post‑combination governance and integration. HVII targets industrial technology and energy transition businesses in the United States and internationally, and its securities trade on Nasdaq.
Summary from filing dated 2025-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative costs | 4 | |
| Loss from operations | −4 | |
| Interest earned on cash equivalents | 50,950 | |
| Interest earned on cash held in Trust Account | 7 | |
| Total other income | 7 | |
| Net income (loss) | 4 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-09-30 |
|---|---|---|---|---|
| Cash | 984,245 | 20,005 | — | |
| Note receivable | 300,000 | — | — | |
| Prepaid expenses | 18,021 | 20,829 | — | |
| Short-term prepaid insurance | 24,063 | — | — | |
| Total current assets | 1 | 40,834 | — | |
| Deferred offering costs | — | 952,432 | — | |
| Cash held in Trust Account | 197 | — | — | |
| Total Assets | 198 | 993,266 | — | |
| Accounts payable and accrued expenses | 226,953 | 33,366 | — | |
| Accrued offering costs | 100,000 | 456,062 | — | |
| Total current liabilities | 326,953 | 566,218 | — | |
| Deferred legal fees | 2 | 450,000 | — | |
| Deferred underwriting fee payable | 8 | — | — | |
| Total Liabilities | 10 | 1 | — | |
| Commitments and Contingencies (Note 6) | — | — | — | |
| Class A ordinary shares subject to possible redemption, 19,000,000 and 0 shares at redemption value of $10.37 and $0 per share at December 31, 2025 and 2024, respectively | 197 | — | — | |
| Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at December 31, 2025 and 2024 | — | — | — | |
| Additional paid-in capital | — | 24,329 | — | |
| Accumulated deficit | −9 | −47,952 | — | |
| Total Shareholders Deficit | −9 | −22,952 | — | |
| Total Liabilities and Shareholders Deficit | 198 | 993,266 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Note receivable | −300,000 | |
| Prepaid expenses | 2,808 | |
| Prepaid insurance | −24,063 | |
| Accounts payable and accrued expenses | 193,587 | |
| Deferred legal fees | 2 | |
| Net cash used in operating activities | −2 | |
| Investment of cash into Trust Account | −190 | |
| Cash withdrawn from Trust Account for working capital purposes | 334,716 | |
| Net cash used in investing activities | −190 | |
| Proceeds from issuance of founder shares | — | |
| Proceeds from sale of Units, net of underwriting discounts paid | 186 | |
| Proceeds from sale of Private Placement Units | 7 | |
| Proceeds from promissory note - related party | 33,203 | |
| Repayment of promissory note - related party | −109,993 | |
| Payment of deferred offering costs | −510,412 | |
| Net cash provided by financing activities | 193 | |
| Net change in cash | 964,240 | |
| Deferred offering costs included in deferred legal fees | 150,000 | |
| Deferred offering costs included in accrued offering costs | — | |
| Deferred underwriting fee payable | 8 | |
| Forfeiture of founder shares | 38 |