Director of Hennessy Capital VIII (HCICU) reports 25,000 founder Class B shares
Rhea-AI Filing Summary
Hennessy Capital Investment Corp. VIII director Sandra Mary Stash filed an initial ownership report showing beneficial ownership of 25,000 Class B ordinary shares. These are founder shares that automatically convert into Class A ordinary shares on a one-for-one basis at the company’s initial business combination, or earlier at the holder’s option, and they have no expiration date.
The shares are held directly, and the filing notes that submission was delayed due to unanticipated delays in obtaining EDGAR access codes amid high application volumes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stash Sandra Mary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Class B ordinary shares — 25,000 shares (Direct)
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.
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FAQ
What does the HCICU Form 3 filing by Sandra Mary Stash report?
The Form 3 reports that director Sandra Mary Stash beneficially owns 25,000 Class B ordinary shares of Hennessy Capital Investment Corp. VIII. It serves as her initial statement of ownership as a company insider, establishing her starting equity position as of February 4, 2026.
Does the HCICU Form 3 show any purchase or sale transaction by Sandra Mary Stash?
The Form 3 functions as an initial ownership report and identifies 25,000 Class B ordinary shares as beneficially owned. It characterizes the position as a holding, and does not provide a transaction price typically associated with a reported buy or sell.
What role does Sandra Mary Stash hold at Hennessy Capital Investment Corp. VIII (HCICU)?
Sandra Mary Stash is identified as a director of Hennessy Capital Investment Corp. VIII. As a director, she is considered an insider, which requires public reporting of her beneficial equity holdings on Form 3 under Section 16 of the Securities Exchange Act of 1934.
Why was the HCICU Form 3 for Sandra Mary Stash filed late?
The filing notes it was submitted late due to unanticipated delays in obtaining the reporting person’s EDGAR access codes. Those delays are attributed to a high volume of applications at the time, which slowed the processing needed to enable electronic SEC submissions.