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HCIC News

Ripped blank checks: SPAC market sees bump in merger terminations

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The SPAC market is showing new signs of pressure as four merger agreements have been called off over the past two weeks. That represents 36% of the year’s 11 terminations, all of which have come in the second half of the year, mostly from deals announced...read more

Self-driving trucks, electric scooters and more in this week's 5 most notable SPAC mergers

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After a slowdown in SPAC merger announcements since February, the SPAC market picked back up this past week with 8 companies announcing acquisitions. Synthetic biotech Ginkgo Bioworks (GKBW.RC) headlined the announcements with its...read more

Industrial SPAC Hennessy Capital Investment V prices upsized $300 million IPO

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Hennessy Capital Investment V, a blank check company targeting US sustainable industrial technology and infrastructure, raised $300 million by offering 30 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one...read more

Hennessy Capital's industrials SPAC Hennessy Capital Investment V files for a $250 million IPO

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Hennessy Capital Investment V, a blank check company targeting US sustainable industrial technology and infrastructure, filed on Tuesday with the SEC to raise up to $250 million in an initial public offering. The Wilson, WY-based company plans to raise $250...read more

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