HCIC director reports 30,000 Class B founder shares
Hennessy Capital Investment Corp. VIII director Elizabeth Suzanne Williams filed an initial ownership report showing beneficial ownership of 30,000 Class B ordinary shares.
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Rhea-AI Filing Summary
Hennessy Capital Investment Corp. VIII director Elizabeth Suzanne Williams filed an initial ownership report showing beneficial ownership of 30,000 Class B ordinary shares. These Class B shares will automatically convert into Class A ordinary shares on a one-for-one basis at the time of the company’s initial business combination or earlier at the holder’s option and have no expiration date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class B ordinary shares | -- | -- | -- |
Footnotes (1)
- F1. As described in the registrant's Registration Statement on Form S-1 (File No. 333-291924) under the heading "Description of Securities-Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the registrant's initial business combination, or at any time prior thereto at the option of the holder thereof, on a one-for-one basis, subject to certain adjustments described therein, and have no expiration date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Elizabeth Suzanne Williams report owning in HCICU on this Form 3?
Does the HCICU Class B stock reported by Williams have an expiration date?
Is this HCICU Form 3 a buy or sell transaction by Elizabeth Williams?
What role does Elizabeth Suzanne Williams have at Hennessy Capital Investment Corp. VIII (HCICU)?
AI-generated analysis. How Rhea-AI works. Not financial advice.