CHICAGO --(BUSINESS WIRE)-- Hennessy Capital Acquisition Corp. (“HCAC”) announced today that it intends to commence its initial public offering of 10,000,000 units at $10.00 per unit. HCAC plans to list its securities on the NASDAQ Stock Market under the symbol “HCACU.” The Company intends to grant the underwriters a 45-day option to purchase up to 1,500,000 additional units. Each unit issued in the initial public offering will consist of one share of the Company's common stock and one warrant to purchase one half of one share of common stock at an exercise price of $5.75 per half share. Deutsche Bank Securities Inc. will act as sole bookrunner for the offering. A registration statement relating to these securities has been filed with the Securities and Exchange Commission , but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The registration statement HCAC has filed with the SEC can be obtained by visiting EDGAR on the SEC website at www.sec.gov . The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from Deutsche Bank Securities Inc. , Attn: Prospectus Group , 60 Wall Street , New York, NY 10005, telephone: 800-503-4611, email: email@example.com About Hennessy Capital Acquisition Corp. We are a newly organized blank check company founded by Daniel J. Hennessy and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not identified any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with respect to identifying any business combination target. Our acquisition and value creation strategy will be to identify, acquire and, after our initial business combination, to build, a diversified industrial manufacturing or distribution business. Hennessy Capital Acquisition Corp. Daniel J. Hennessy , 312-876-1956 Chairman and CEO firstname.lastname@example.org Source: Hennessy Capital Acquisition Corp.
Most Popular Stories
- Ukraine Crisis Limits Losses in Gold, Silver
- Can GOP Dodge Immigration Bullet?
- Software Writers Sought in Indiana
- Chiquita, Fyffes to Form Top Banana
- Photo ID Required for Unemployment Benefits
- Big Earthquake Rumbles Northern California
- China's Money Rate Drops on Slowdown Concern
- Mt. Gox Files for Bankruptcy in U.S.
- Tech Firms to Increase Hiring for 4th Year in a Row
- '300' Sequel Conquers Box Office Foes