Hennessy Capital Investment VI in an 8-K today said it has postponed a Jan. 8 shareholders meeting to vote on a deadline extension. The meeting will now be held Jan. 10. Redemption reversals will be accepted until Jan. 8 at 2 p.m. Eastern. The SPAC wants to push its termination deadline from Jan. 10 to Sept. 30.
The SPAC also noted that it intends to enter into one or more non-redemption agreements, with the sponsor agreeing to transfer to shares of Class B stock to the NRA participants.
The SPAC remains focused on the industrial technology sector.
Redemptions since June 2023 have pulled the trust down from more than $350 million raised in a September 2021 IPO to about $267 million. Read more.
