News Column


January 28, 2014

Item 8.01 Other Events On January 23, 2014 , Hennessy Capital Acquisition Corp. (the "Company") consummated its initial public offering ("IPO") of 11,500,000 Units ("Units"), each Unit consisting of one share of common stock, $.0001 par value per share ("Common Stock"), and one warrant ("Warrant") to purchase one-half of one share of Common Stock, pursuant to the registration statement on Form S-1 (File No. 333-192982). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $115,000,000 , which includes the full exercise of the underwriters' overallotment option. As previously reported on a Current Report on Form 8-K of the Company, on January 23, 2014 , simultaneously with the consummation of the IPO, the Company completed a private placement (the "Private Placement") of an aggregate of 12,125,000 placement warrants (the "Placement Warrants") to Hennessy Capital Partners I, LLC , generating gross proceeds of $6,062,500 . A total of $115,000,000 of the net proceeds from the IPO and the Private Placement were placed in a trust account established for the benefit of the Company's public stockholders. An audited balance sheet as of January 23, 2014 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit Number Description 99.1 Audited Balance Sheet --------------------------------------------------------------------------------

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Source: Edgar Glimpses

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