SPAC Hennessy Capital Investment VIII files for a $175 million IPO, targeting industrials
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Hennessy Capital Investment VIII, a SPAC targeting industrial innovation and energy, filed for a $175 million IPO. The company plans to offer 17.5 million units at $10 each, with each unit comprising one share of common stock and a right to receive one-fifteenth of a share upon a business combination. Led by CEO Daniel Hennessy, the SPAC aims to target businesses in the industrial innovation and energy transition sectors. The company plans to list on Nasdaq under the symbol HCICU, with Barclays and Cohen & Company Securities as joint bookrunners.
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