Hennessy Capital Investment Corp. VIII (HCIC) is a blank-check special purpose acquisition company (SPAC) incorporated in the Cayman Islands that exists to identify and complete a merger, share exchange, asset acquisition, or similar business combination with one or more target businesses. It generates no operating revenue prior to completing an initial business combination. HCIC raised $236,670,000 in proceeds from its initial public offering and sale of private placement units, which are held in trust pending a business combination (per 10-K filed 2026-03-30). The vehicle is sponsored by Hennessy Capital Group, LLC, managed by Daniel J. Hennessy and Thomas D. Hennessy, who have previously sponsored seven other SPACs under the Hennessy Capital and related brands, completing business combinations with targets including Blue Bird Corp. (NASDAQ: BLBD), Daseke, Inc., Canoo Inc., and Logistics Properties of the Americas (NYSE American: LPA).
- Revenue model
- HCIC earns no operating revenue. Trust account proceeds of $236,670,000 are held and available to complete an initial business combination. Economics to the sponsor arise from founder shares and private placement units acquired at nominal cost prior to the IPO.
- Products and services
- Single-purpose acquisition vehicle seeking an initial business combination. No products or commercial services are offered. Prior Hennessy-affiliated SPACs have targeted sectors including school buses (Blue Bird), trucking (Daseke), electric vehicles (Canoo), and industrial real estate logistics (Logistics Properties of the Americas).
- Customers and end markets
- No commercial customers. The end beneficiaries are public shareholders who participate in the trust until a business combination is completed or shares are redeemed.
- Value-chain role
- Capital formation and acquisition vehicle. Acts as a publicly traded shell that pools investor capital to fund a private-to-public business combination for an unidentified target company.
- Geographic exposure
- Incorporated in the Cayman Islands. Sponsor entities are U.S.-based (Delaware). Target geography is not specified in the filing.
Source: SEC 10-K, filed 2026-03-30
Industry:
Blank Checks