Fort Baker Capital Management LP and related reporting persons reported beneficial ownership of 963,922 Class A ordinary shares of Hennessy Capital Investment Corp. VII, representing 4.9% of the class. The percentage is based on 19,690,000 Class A shares outstanding as of November 13, 2025.
Fort Baker Capital Management LP directly holds the shares, with Steven Patrick Pigott serving as Chief Investment Officer and Fort Baker Capital, LLC as general partner. The parties filed jointly but each disclaims group status and beneficial ownership beyond their pecuniary interest, stating the shares were acquired in the ordinary course and not to influence control.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Hennessy Capital Investment Corp. VII
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G4405D107
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G4405D107
1
Names of Reporting Persons
Fort Baker Capital Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
963,922.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
963,922.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
963,922.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
G4405D107
1
Names of Reporting Persons
Steven Patrick Pigott
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
963,922.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
963,922.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
963,922.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP No.
G4405D107
1
Names of Reporting Persons
Fort Baker Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
963,922.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
963,922.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
963,922.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Hennessy Capital Investment Corp. VII
(b)
Address of issuer's principal executive offices:
195 US HWY 50, SUITE 207, ZEPHYR COVE, NEVADA, 89448.
Item 2.
(a)
Name of person filing:
Fort Baker Capital Management LP
Steven Patrick Pigott
Fort Baker Capital, LLC
(b)
Address or principal business office or, if none, residence:
The principal business address of each reporting person is 700 Larkspur Landing Circle, Suite 275, Larkspur, CA 94939.
(c)
Citizenship:
Fort Baker Capital Management LP: Delaware Limited Partnership
Steven Patrick Pigott: Citizen of the United States
Fort Baker Capital, LLC: Delaware Limited Liability Company
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 per share
(e)
CUSIP No.:
G4405D107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Reference is hereby made to Items 5-9 of this Schedule, which Items are incorporated by reference herein.
Fort Baker Capital Management LP directly holds 963,922 Class A ordinary shares. Steven Patrick Pigott acts as Limited Partner/Chief Investment Officer for Fort Baker Capital Management LP. Fort Baker Capital, LLC acts as General Partner for Fort Baker Capital Management LP.
The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each also disclaims beneficial ownership of the securities reported herein except to the extent of that person's pecuniary interest therein.
The calculation of percentage of beneficial ownership in Item 11 was derived from the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2025, in which the Issuer stated that the number of Class A ordinary shares outstanding was 19,690,000 as of November 13, 2025.
(b)
Percent of class:
Fort Baker Capital Management LP: 4.9%
Steven Patrick Pigott: 4.9%
Fort Baker Capital, LLC: 4.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(ii) Shared power to vote or to direct the vote:
Fort Baker Capital Management LP: 963,922
Steven Patrick Pigott: 963,922
Fort Baker Capital, LLC: 963,922
(iii) Sole power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 0
Steven Patrick Pigott: 0
Fort Baker Capital, LLC: 0
(iv) Shared power to dispose or to direct the disposition of:
Fort Baker Capital Management LP: 963,922
Steven Patrick Pigott: 963,922
Fort Baker Capital, LLC: 963,922
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake in HVII does Fort Baker Capital report in this Schedule 13G/A?
Fort Baker Capital reports a 4.9% stake in HVII. The filing shows beneficial ownership of 963,922 Class A ordinary shares of Hennessy Capital Investment Corp. VII, calculated as 4.9% of 19,690,000 shares outstanding as of November 13, 2025.
How many Hennessy Capital Investment Corp. VII shares does Fort Baker Capital hold?
Fort Baker Capital Management LP directly holds 963,922 Class A shares. This position is reported as being held with shared voting and dispositive power among Fort Baker Capital Management LP, Fort Baker Capital, LLC and Steven Patrick Pigott, based on the issuer’s disclosed shares outstanding.
How is the 4.9% HVII ownership percentage calculated in the filing?
The 4.9% ownership is based on 19,690,000 Class A shares outstanding. The filing states this share count comes from Hennessy Capital Investment Corp. VII’s Form 10-Q, which reported 19,690,000 Class A ordinary shares outstanding as of November 13, 2025.
Who are the reporting persons in the Hennessy Capital VII (HVII) Schedule 13G/A?
The reporting persons are Fort Baker Capital Management LP, Steven Patrick Pigott and Fort Baker Capital, LLC. Fort Baker Capital Management LP holds the shares, with Pigott as Chief Investment Officer and Fort Baker Capital, LLC as general partner, and they file the statement jointly.
Is Fort Baker Capital seeking control of Hennessy Capital Investment Corp. VII?
The filing states the securities were not acquired to change or influence control. The reporting persons certify the shares were acquired and are held in the ordinary course of business, and not in connection with any transaction aimed at controlling the issuer.
What voting and dispositive power do the reporting persons have over HVII shares?
The reporting persons report shared voting and dispositive power over 963,922 shares. Each lists zero sole voting or dispositive power, but 963,922 shares of shared voting power and shared power to dispose, matching the aggregate beneficial ownership reported.