Hennessy Capital VIII director reports 25,000 founder shares
Hennessy Capital Investment Corp. VIII director Sandra Mary Stash filed an initial ownership report showing beneficial ownership of 25,000 Class B ordinary 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
| 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
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What does the HCICU Form 3 filing by Sandra Mary Stash report?
Does the HCICU Form 3 show any purchase or sale transaction by Sandra Mary Stash?
What role does Sandra Mary Stash hold at Hennessy Capital Investment Corp. VIII (HCICU)?
Why was the HCICU Form 3 for Sandra Mary Stash filed late?
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