Hennessy Capital Investment Corp. VIII Prices Upsized $210 Million IPO
MT Newswires Live
Feb 05
Hennessy Capital Investment Corp. VIII (HCIC) said late Wednesday it priced an upsized initial public offering of 21 million units at $10 apiece
The blank-check company has granted a 45-day overallotment option to the underwriters to purchase up to 3.15 million additional units.
Each unit comprises one class A share and one right to receive one-twelfth of a share upon the consummation of the company's initial business combination.
Hennessy Capital said its units will begin trading on the Nasdaq Global Market under the ticker symbol HCICU Thursday, while its shares and share rights are expected to be listed under the symbols HCIC and HCICR, respectively.
The company expects the IPO to close Friday.
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