Item 2. Properties
Item
2. Properties.
HVII
does not own any real estate or other physical properties materially important to HVII’s operation. HVII currently maintains a
principal executive offices at 195 US Hwy 50, Suite 207 Zephyr Cove, Nevada 89448. The cost for this space is included in the $15,000
per-month aggregate fee an affiliate of the Sponsor charges HVII for general and administrative services, which amount increased to $25,000
per month beginning September 1, 2025. HVII considers its current office space, combined with the other office space otherwise available
to its executive officers, adequate for HVII’s current operations.
Item
3. Legal Proceedings.
To
the knowledge of HVII’s management, there is no litigation currently pending against HVII, any of its officers or directors in
their capacity as such, or against any of its property.
Item
4. Mine Safety Disclosures.
Not
applicable.
PART
II
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