Hennessy Capital Investment Corp. VIII Announces Pricing of Upsized $210,000,000 Initial Public Offering

Rhea-AI Summary

Hennessy Capital Investment Corp. VIII (HCIC) priced an upsized initial public offering of 21,000,000 units at $10.00 per unit for gross proceeds of $210,000,000. Units begin trading on Nasdaq as HCICU on February 5, 2026, with expected separate listings as HCIC (shares) and HCICR (rights).

The offering is expected to close on February 6, 2026, subject to customary closing conditions. The sponsor intends to target companies in industrial innovation and the energy transition sectors. Underwriters include Barclays and Cohen & Company, with a 45-day 15% over-allotment option.

Positive

• Offering size of $210,000,000 from 21,000,000 units
• Nasdaq listing as HCICU with expected separate trading as HCIC and HCICR
• Target sectors focused on industrial innovation and energy transition
• Established underwriters (Barclays and Cohen & Company) supporting the deal

Negative

• Over-allotment option of up to 3,150,000 units (15%) may increase dilution

News Market Reaction

-0.20%

1 alert

-0.20% News Effect

On the day this news was published, HCICU declined 0.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

IPO size: $210,000,000 Units offered: 21,000,000 units Unit price: $10.00 per unit +5 more

8 metrics

IPO size $210,000,000 Upsized initial public offering

Units offered 21,000,000 units Initial public offering size

Unit price $10.00 per unit IPO pricing

Over-allotment option period 45 days Underwriters’ option duration

Over-allotment units 3,150,000 units Additional units to cover over-allotments

Share right ratio 1/12 of a Class A share Right per unit upon business combination

Effective date February 4, 2026 SEC declared registration statement effective

Trading start date February 5, 2026 HCICU units expected to begin trading on Nasdaq

Market Reality Check

Price: $10.03 Vol: Volume 0 vs 20-day averag...

normal vol

$10.03 Last Close

Volume Volume 0 vs 20-day average 212,474 reflects no regular-session trading yet. normal

Technical Price is positioned above the 200-day moving average of 9.87 per provided technical data.

Market Pulse Summary

This announcement details the pricing of an upsized SPAC IPO at $10.00 per unit for 21,000,000 units...

Analysis

This announcement details the pricing of an upsized SPAC IPO at $10.00 per unit for 21,000,000 units, raising $210,000,000. The units include a right to receive 1/12 of a Class A share upon a future business combination. With the registration statement effective on February 4, 2026 and trading expected to begin the next day, investors could focus on the sponsor’s plans in industrial innovation and energy transition and the future selection of a target business.

Key Terms

special purpose acquisition company, blank check company, over-allotments, prospectus, +1 more

5 terms

special purpose acquisition company financial

"the “Company”), a special purpose acquisition company, announced today"

A special purpose acquisition company (SPAC) is a company formed with the sole purpose of raising money through a public offering to buy or merge with an existing private business. It acts like a vehicle that allows private companies to go public more quickly and with less complexity. For investors, it offers an opportunity to invest early in a potential acquisition, though it also carries risks if the intended deal doesn’t materialize.

blank check company financial

"The Company is a newly incorporated blank check company founded by"

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

over-allotments financial

"option to purchase up to an additional 3,150,000 units ... to cover over-allotments"

An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.

prospectus regulatory

"The public offering is being made only by means of a prospectus."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

registration statement regulatory

"A registration statement relating to these securities has been filed"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

AI-generated analysis. Not financial advice.

New York, NY, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Hennessy Capital Investment Corp. VIII (the “Company”), a special purpose acquisition company, announced today the pricing of its upsized initial public offering of 21,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “HCICU” beginning tomorrow, Thursday, February 5, 2026. Each unit consists of one Class A ordinary share and one right to receive one-twelfth (1/12) of a Class A ordinary share upon the consummation of the Company’s initial business combination (“Share Right”). Once 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 “HCIC” and “HCICR,” respectively. The offering is expected to close on February 6, 2026, subject to customary closing conditions.

The Company is a newly incorporated blank check company founded by Daniel J. Hennessy formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Although the Company reserves the right to pursue an acquisition opportunity in any business or industry, the Company intends to focus its search for a target business in the industrial innovation and energy transition sectors.

Barclays Capital Inc. and Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC (“Cohen”), are the lead joint book-running managers of the offering, and Academy Securities, Inc. is acting as a co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,150,000 units at the initial public offering price to cover over-allotments, if any.

The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com or from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at Barclaysprospectus@broadridge.com.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and was declared effective on February 4, 2026. 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering, the anticipated closing date and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms or timing described, or at all, or that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Nicholas Geeza
Hennessy Capital Investment Corp. VIII
Email: HCIC@hennessycapitalgroup.com
Website: http://hennessycapital8.com

        

FAQ

What did Hennessy Capital Investment Corp. VIII (HCIC) price its IPO at and when does trading start?

The IPO was priced at $10.00 per unit for 21,000,000 units, raising $210,000,000. According to the company, units begin trading on Nasdaq as HCICU on February 5, 2026, with expected separate listings for shares and rights thereafter.

When is the Hennessy Capital VIII offering expected to close and what conditions apply?

The offering is expected to close on February 6, 2026, subject to customary closing conditions. According to the company, closing depends on satisfying standard regulatory and settlement requirements before funds and securities are exchanged.

What do HCIC units consist of and what are the expected post-separate-trading symbols?

Each unit contains one Class A ordinary share and one Share Right equal to 1/12 of a share. According to the company, separate trading is expected under HCIC for shares and HCICR for rights once separated.

Who are the lead underwriters for the HCIC IPO and is there an over-allotment option?

Barclays Capital and Cohen & Company Capital Markets are the joint book-running managers, with Academy Securities as co-manager. According to the company, underwriters have a 45-day option to buy up to 3,150,000 additional units to cover over-allotments.

What industry focus will Hennessy Capital Investment Corp. VIII (HCIC) pursue for a business combination?

HCIC intends to focus its search on companies in industrial innovation and the energy transition sectors. According to the company, while it may pursue targets in any industry, these sectors are the stated primary areas of interest.