Hennessy Capital Investment Corp. VII Launches $190 Million IPO with Loop Capital

Deal News | Jan 16, 2025 | Loop Capital Markets LLC

Hennessy Capital Investment Corp. VII Launches $190 Million IPO with Loop Capital

Loop Capital Markets has been mandated as the book-runner for a $190 million Initial Public Offering (IPO) launched by Hennessy Capital Investment Corp. VII, a Special Purpose Acquisition Company (SPAC). This mandate was announced on January 16, 2025. The IPO consists of 17.5 million units, each priced at $10, and includes a green shoe option. Each unit comprises one Class A ordinary share and a right to receive one-twelfth of one additional Class A share. Proceeds from the offering will be held in a trust account until specified conditions are fulfilled.

Sectors

  • Financial Services
  • Special Purpose Acquisition Companies (SPACs)

Geography

  • United States – Loop Capital Markets and Hennessy Capital Investment Corp. VII are based in the United States, making it the relevant geography for the IPO.

Industry

  • Financial Services – The article discusses an Initial Public Offering (IPO) which is a significant activity within the financial services industry.
  • Special Purpose Acquisition Companies (SPACs) – The article is about a SPAC named Hennessy Capital Investment Corp. VII, focusing on its IPO.

Financials

  • $190 million – Total amount intended to be raised by the IPO for Hennessy Capital Investment Corp. VII.
  • 17.5 million – Number of units issued during the IPO at $10 per unit.

Participants

NameRoleTypeDescription
Loop Capital Markets LLCBook-runnerCompanyA financial services firm involved in organizing the IPO for the SPAC.
Hennessy Capital Investment Corp. VIITargetCompanyA Special Purpose Acquisition Company (SPAC) launching a $190 million IPO.