Hennessy Capital Investment Corp. V (OTCMKTS:HCICU) President Acquires $6,710,000.00 in Stock

Hennessy Capital Investment Corp. V (OTCMKTS:HCICU) President Thomas Hennessy acquired 671,000 shares of Hennessy Capital Investment Corp. V stock in a transaction dated Friday, February 6th. The stock was bought at an average price of $10.00 per share, for a total transaction of $6,710,000.00. Following the completion of the purchase, the president owned 671,000 shares of the company’s stock, valued at approximately $6,710,000. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Hennessy Capital Investment Corp. V Stock Performance

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

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.