CONTROLS AND PROCEDURES
−Removed: Evaluation of Disclosure Controls and Procedures
−Removed: Disclosure controls are procedures
−Removed: that are designed with the objective of ensuring that information required to be disclosed in HVII’s reports filed under the Exchange
−Removed: Act, such as this Quarterly Report, is recorded, processed, summarized, and reported within the time period specified in the SEC’s
−Removed: rules and forms.
−Removed: Disclosure controls are also designed with the objective of ensuring that such information is accumulated and communicated
−Removed: to HVII’s management, including the chief executive officer and chief financial officer, as appropriate to allow timely decisions
−Removed: regarding required disclosure.
−Removed: HVII’s management evaluated, with the participation of HVII’s current chief executive officer
−Removed: and chief financial officer (HVII’s “Certifying Officers”), the effectiveness of HVII’s disclosure controls and
−Removed: procedures as of March 31, 2025, pursuant to Rule 13a-15(b) under the Exchange Act.
−Removed: Based upon that evaluation, HVII’s Certifying
−Removed: Officers concluded that, as of March 31, 2025, HVII’s disclosure controls and procedures were effective.
−Removed: HVII does not expect that its
−Removed: disclosure controls and procedures will prevent all errors and all instances of fraud.
−Removed: Disclosure controls and procedures, no matter how
−Removed: well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures
−Removed: Further, the design of disclosure controls and procedures must reflect the fact that there are resource constraints, and the
−Removed: benefits must be considered relative to their costs.
−Removed: Because of the inherent limitations in all disclosure controls and procedures, no
−Removed: evaluation of disclosure controls and procedures can provide absolute assurance that HVII has detected all HVII’s control deficiencies
−Removed: and instances of fraud, if any.
−Removed: The design of disclosure controls and procedures also is based partly on certain assumptions about the
−Removed: likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential
−Removed: future conditions.
−Removed: Changes in Internal Control over Financial Reporting
−Removed: There were no changes in HVII’s
−Removed: internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the most
−Removed: recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, HVII’s internal control over
−Removed: financial reporting.
−Removed: PART II - OTHER INFORMATION
+Added: of Disclosure Controls and Procedures
+Added: controls are procedures that are designed with the objective of ensuring that information required to be disclosed in HVII’s reports
+Added: filed under the Exchange Act, such as this Quarterly Report, is recorded, processed, summarized, and reported within the time period
+Added: specified in the SEC’s rules and forms.
+Added: Disclosure controls are also designed with the objective of ensuring that such information
+Added: is accumulated and communicated to HVII’s management, including the chief executive officer and chief financial officer, as appropriate
+Added: to allow timely decisions regarding required disclosure.
+Added: HVII’s management evaluated, with the participation of HVII’s current
+Added: chief executive officer and chief financial officer (HVII’s “Certifying Officers”), the effectiveness of HVII’s
+Added: disclosure controls and procedures as of June 30, 2025, pursuant to Rule 13a-15(b) under the Exchange Act.
+Added: Based upon that evaluation,
+Added: HVII’s Certifying Officers concluded that, as of June 30, 2025, HVII’s disclosure controls and procedures were effective.
+Added: does not expect that its disclosure controls and procedures will prevent all errors and all instances of fraud.
+Added: Disclosure controls and
+Added: procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the
+Added: disclosure controls and procedures are met.
+Added: Further, the design of disclosure controls and procedures must reflect the fact that there
+Added: are resource constraints, and the benefits must be considered relative to their costs.
+Added: Because of the inherent limitations in all disclosure
+Added: controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that HVII has detected all
+Added: HVII’s control deficiencies and instances of fraud, if any.
+Added: The design of disclosure controls and procedures also is based partly
+Added: on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving
+Added: its stated goals under all potential future conditions.
+Added: in Internal Control over Financial Reporting
+Added: were no changes in HVII’s internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of
+Added: the Exchange Act) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect,
+Added: HVII’s internal control over financial reporting.
+Added: II - OTHER INFORMATION
LEGAL PROCEEDINGS
−Removed: To the knowledge of HVII’s
−Removed: management, there is no litigation currently pending against HVII, any of HVII’s officers or directors in their capacity as such
−Removed: or against any of HVII’s property.
+Added: the knowledge of HVII’s management, there is no litigation currently pending against HVII, any of HVII’s officers or directors
+Added: in their capacity as such or against any of HVII’s property.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.