Hennessy Capital Investment Corp VI (NASDAQ:HCVI) announced in an 8-K filing this morning that it will push its September 27 extension vote to 9 am ET September 29.
Shareholders will now have until 5 pm ET September 27 to make their final redemption decisions and owners of 132,398 shares have decided to stay in as a part of a non-redemption agreement Hennessy VI also announced in the filing.
This third party investor will receive 9,735 promote shares in exchange for this commitment. The SPAC has not yet announced a definitive agreement and is seeking to extend its deadline to January 10, 2024 without contributing additional funds to its trust.
The Hennessy team has taken over both two (NYSE:TWOA) and Compass Digital (NASDAQ:CDAQ) in transactions for their existing sponsor economics this year, but Hennessy VI is a vehicle that the group launched on their own in 2021.
This SPAC is seeking to combine with a target valued at over $1 billion with a large addressable market and strong management.
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At the SPAC of Dawn There had been hopes that this week would take one world conflict off the board, but combat has resumed in the Middle East as other eyes are likely to be fixed on new Fed comments today. The fighting in Gaza continues to not appear to have appreciable affects on the...