Welcome to our dedicated page for Hennessy Capital news (Ticker: HCVI), a resource for investors and traders seeking the latest updates and insights on Hennessy Capital stock.
Hennessy Capital Investment Corp VI (HCVI) provides investors with a strategic vehicle for potential mergers through its SPAC structure. This news hub aggregates all official communications and market developments related to HCVI's blank-check company mandate.
Access timely updates on merger targets, SEC filings, and leadership announcements critical for assessing this investment vehicle. The curated collection includes press releases on acquisition progress, capital raising activities, and regulatory milestones essential for SPAC tracking.
Key focus areas span proposed business combinations, investor communications, and compliance updates. Bookmark this page for streamlined monitoring of HCVI's progress in identifying suitable merger candidates within its defined timeframe.
Namib Minerals and Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) have announced key updates regarding their proposed business combination. The SEC has declared effective the post-effective amendment to the registration statement on Form F-4, and a special meeting of stockholders has been scheduled for May 5, 2025.
The virtual special meeting will allow HCVI stockholders of record as of March 31, 2025, to vote on the business combination. Stockholders can exercise redemption rights until May 1, 2025. Upon completion, HCVI and Greenstone will become wholly-owned subsidiaries of Namib Minerals, which will trade on the Nasdaq Global Market under the symbols 'NAMM' and 'NAMMW' for its ordinary shares and warrants, respectively.
Namib Minerals and Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) have announced key dates for their proposed business combination. The SEC has declared effective the registration statement on Form F-4, with the special meeting of stockholders scheduled for April 7, 2025.
The record date is set for February 18, 2025, and stockholders can exercise redemption rights until April 3, 2025. Upon completion, the combined company will trade on Nasdaq under the symbols 'NAMM' and 'NAMMW' for shares and warrants respectively.
Greenstone , the operating arm of Namib Minerals, operates three gold mines in Zimbabwe and holds interests in 13 copper and cobalt exploration licenses in the Democratic Republic of Congo. The business combination aims to establish the company as a leader in precious and critical metals production in Africa.
Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) announced that its stockholders approved an amendment to extend the deadline for completing an initial business combination. The new deadline is March 31, 2025, extended from September 30, 2024. The board of directors can further extend this deadline up to three times, one month each, until June 30, 2025. Stockholders also approved removing the limitation on redeeming public shares that would result in net tangible assets falling below $5 million. Daniel Hennessy, Chairman and CEO, expressed satisfaction with the stockholder support, stating it allows the company to focus on completing the proposed business combination with Namib Minerals. A detailed report of voting results will be filed with the SEC on Form 8-K.
Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) has postponed its special meeting of stockholders from September 27, 2024, to September 30, 2024, at 10:00 a.m. Eastern Time. The record date for stockholder voting eligibility remains September 6, 2024. Previously submitted proxies and votes remain valid unless changed. The deadline for Class A common stock redemption requests remains September 25, 2024, at 5:00 p.m. Eastern Time. Stockholders can withdraw redemption requests until 9:00 a.m. Eastern Time on September 30, 2024. This postponement allows additional time for stockholders to consider their voting and redemption options.
Namib Minerals, a well-established gold producer in Africa, has entered a definitive agreement for a business combination with Hennessy Capital Investment Corp. VI (HCVI). The transaction values Namib at a $500 million pre-money enterprise value with an additional 30 million contingent shares tied to operational milestones.
The deal is expected to close in Q4 2024, subject to approvals. Upon completion, Namib will be publicly traded on Nasdaq under the ticker symbols 'NAMM' and 'NAMMW'. The transaction is anticipated to provide Namib with $91 million in net proceeds and $60 million in additional funding to support its growth plans, including restarting the Mazowe and Redwing mines and expanding into battery metals in the DRC.
Namib's CEO, Ibrahima Tall, will continue to lead the company post-Closing. This merger represents the largest African deSPAC to date, aiming to enhance Namib's operational efficiency and cash flow generation.
Hennessy Capital Investment Corp. VI (NASDAQ: HCVIU) announced that starting on November 19, 2021, unit holders from its IPO can trade shares of Class A common stock and redeemable warrants separately. The Class A common stock will trade under the symbol HCVI and the warrants under HCVIW. Units not separated will continue to trade as HCVIU. Investors must contact Continental Stock Transfer & Trust Company to process the separation. The announcement does not constitute an offer to sell or solicit securities.
