Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing.
On August 7, 2014, Hennessy Capital Acquisition Corp. (the "Company") received a
written notice (the "Notice") from the Listing Qualifications Department of The
Nasdaq Stock Market ("Nasdaq") indicating that the staff of Nasdaq does not
believe the Company is currently in compliance with Listing Rule 5550(a)(3) (the
"Minimum Holders Rule"), which requires the Company to have at least 300 public
holders of its shares of common stock for continued listing on Nasdaq.
The Notice stated that, no later than September 22, 2014, the Company is
required to submit a plan to regain compliance with the Minimum Holders Rule. If
Nasdaq accepts the Company's plan, Nasdaq may grant the Company an extension of
up to 180 calendar days from the date of the Notice to evidence compliance with
the Minimum Holders Rule. If Nasdaq does not accept the Company's plan, the
Company will have the opportunity to appeal the decision in front of a Nasdaq
Hearings Panel. The Company intends to submit a plan with Nasdaq on or before
September 22, 2014 to regain compliance and maintain its Nasdaq listing.