Appleby Advises on Hennessy Capital Investment Corp. VII USD 190M Initial Public Offering
Appleby are pleased to have acted as Cayman Islands counsel for Hennessy Capital Investment Corp. VII (NASDAQ: HVIIU) (the Company), alongside Sidley Austin LLP, in its initial public offering (IPO) of 19,000,000 units, which included 1,500,000 units sold pursuant to the partial exercise of the underwriters’ over-allotment option. The IPO was priced at US$10.00 per unit. The units are listed on The Nasdaq Global Market (Nasdaq) and commenced trading under the ticker symbol “HVIIU” on January 17, 2025.
Each unit consists of one Class A ordinary share and one right to receive one-twelfth (1/12) of one Class A ordinary share upon the consummation of the Company’s initial business combination (Share Right). Upon the securities comprising the units begin separate trading, the Company’s Class A ordinary shares and the Share Rights are expected to be listed on Nasdaq under the symbols “HVII” and “HVIIR,” respectively.
The Appleby corporate team included Partner Simon Raftopoulos and Senior Associate Alexandra Low.
