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

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 dated Friday, February 6th. The shares were purchased at an average price of $10.00 per share, for a total transaction of $6,710,000.00. Following the completion of the transaction, the insider directly owned 671,000 shares in the company, valued at approximately $6,710,000. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Hennessy Capital Investment Corp. V Price Performance

OTCMKTS:HCICU remained flat at $10.03 during trading hours on Monday. 74,871 shares of the company were exchanged, compared to its average volume of 115,486. The firm’s 50-day moving average price is $10.05 and its 200-day moving average price is $10.05. Hennessy Capital Investment Corp. V has a one year low of $10.02 and a one year high of $10.04.

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.