Hennessy V Files for $250M IPO

Hennessy Capital Investment V registered to offer 25 million units at $10 each to raise $250 million for the acquisition of a business focused on sustainable industrial technology and infrastructure sectors in the United States with an aggregate enterprise value of $1 billion or greater.

Led by sponsor Hennessy Capital, the company’s last SPAC Hennessy IV closed yesterday on its acquisition of electric vehicle maker Canoo.

Hennessy V intends to list on the Nasdaq under HCICU. Read more.

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