Hennessy Capital Investment Corp. V (OTCMKTS:HCICU) Major Shareholder Hc Viii Sponsor Llc Purchases 671,000 Shares

Hennessy Capital Investment Corp. V (OTCMKTS:HCICU) major shareholder Hc Viii Sponsor Llc acquired 671,000 shares of Hennessy Capital Investment Corp. V stock in a transaction that occurred on Friday, February 6th. The stock was acquired at an average cost of $10.00 per share, with a total value of $6,710,000.00. Following the purchase, the insider directly owned 671,000 shares of the company’s stock, valued at $6,710,000. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Hennessy Capital Investment Corp. V Price Performance

Shares of OTCMKTS HCICU opened at $10.03 on Tuesday. Hennessy Capital Investment Corp. V has a 12-month low of $10.02 and a 12-month high of $10.04. The stock’s fifty day simple moving average is $10.05 and its two-hundred day simple moving average is $10.05.

Hennessy Capital Investment Corp. V Company Profile

Hennessy Capital Investment Corp. V is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the OTC Markets under the ticker HCICU. As a blank-check vehicle, the company’s primary purpose is to raise capital through a public offering and then identify and complete a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The firm was sponsored by Hennessy Capital LLC, a firm with experience in sponsoring multiple SPACs and advising on alternative asset strategies.

Since its formation, Hennessy Capital Investment Corp.