| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
5 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Hennessy Capital Investment Corp V is a special purpose acquisition company (SPAC) formed in 2019. It was sponsored by Hennessy Capital LLC, which is an affiliate of Daniel J. Hennessy, a successful entrepreneur and investor. The company raised $175 million in its initial public offering (IPO) for the purpose of acquiring or merging with one or more businesses in the industrial sector.
The management team of Hennessy Capital Investment Corp V has experience in identifying and executing successful business combinations, with a focus on companies that have the potential for growth and value creation. They aim to target opportunities in sectors such as transportation equipment, aerospace and defense, energy, chemicals, and more.
Once the SPAC identifies a target company, it will negotiate a business combination and submit it for approval to its shareholders. If approved, the SPAC will acquire the target company, bringing it public and providing it with additional capital for growth. This model allows the target company to bypass the traditional IPO process and access public markets more quickly.
Hennessy Capital Investment Corp V is actively seeking opportunities to acquire a target company and has not yet announced any potential transactions. However, with its experienced management team and strong financial backing, the company is well-positioned to identify a compelling business combination opportunity and create value for its shareholders.
Company Address: 195 US Hwy 50 Zephyr Cove 89448 NV
Company Phone Number: 339-1671 Stock Exchange / Ticker: NASDAQ HCIC
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