Shares of Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU – Get Free Report) shot up 0.4% on Tuesday . The company traded as high as $10.60 and last traded at $10.60. 114 shares were traded during trading, a decline of 77% from the average session volume of 501 shares. The stock had previously closed at $10.56.
Hennessy Capital Investment Corp. VII Trading Up 0.4%
The firm’s 50-day moving average price is $10.62 and its two-hundred day moving average price is $10.68.
Hennessy Capital Investment Corp. VII Company Profile
Hennessy Capital Investment Corp. VII is a special purpose acquisition company formed to identify and complete a business combination with a target company. Organized as a Cayman Islands exempted company, it raises capital through an initial public offering to pursue mergers, stock purchases, asset acquisitions and similar transactions.
Sponsored by Hennessy Capital Partners, an affiliate investment firm with expertise in building growth businesses, the SPAC focuses on sectors such as technology, consumer goods, financial services and business services.
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