Hennessy Capital Investment VI Closes Over-Allotment Option, Boosting IPO to $341M

Hennessy Capital

Hennessy Capital Investment VI closed the sale of approximately $40.9 million in units sold to the underwriters under their over-allotment option bringing the total gross proceeds of the IPO to approximately $341 million. The SPaC also completed the private placement and sale of an additional 545,727 private placement warrants at a purchase price of $1.50 per warrant, generating $800,000.

Hennessy VI intends to focus its search on target businesses in the industrial technology sector. Read more.

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