Hennessy Capital Investment Corp V

Hennessy Capital Investment Corp. V operates as a development stage company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on October 6, 2020 and is headquartered in Wilson, WY.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

WILSON, Wyo., Dec. 16, 2022 (GLOBE NEWSWIRE) -- Hennessy Capital Investment Corp. V (the “Company”) (Nasdaq: HCIC), announced today that it has canceled its special meeting of stockholders that was previously scheduled for 3:00 PM Eastern time on December 21, 2022, and that, due to its inability to complete an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate, effective as of the close of business on December 21, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.06 (after taking into account the removal of a portion of the accrued interest in the trust account to pay taxes and $100,000 for dissolution expenses).

Hennessy Capital Investment Corp. V Announces Cancellation of Special Meeting of Stockholders and Liquidation

Hennessy Capital Acquisition Corp. and autonomous trucking software developer Plus canceled their planned SPAC merger on Monday, a breakup telegraphed in recent weeks by Hennessy's claim that regulations from outside the United States — likely China — were too big a hurdle to clear. The termination is effective immediately given that Monday was the “outside date” for the business combination to go into effect.

SPAC merger collapses for autonomous trucking software developer Plus

NEW YORK & CUPERTINO, Calif.--(BUSINESS WIRE)--Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“HCIC V” or “Hennessy Capital”), a publicly traded special purpose acquisition company, and Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that the companies have mutually agreed to terminate their previously announced Merger Agreement and Plan of Reorganization, effective immediately, given the November 8, 2021 “outside date” set forth in the Merger A

Hennessy Capital Investment Corp. V and Plus Mutually Agree to Terminate Business Combination Agreement

Signs are flashing red for the business combination of autonomous trucking software developer Plus getting to the finish line of its $3.3 billion SPAC merger with Hennessy Capital Acquisition Corp. V. A Sept. 27 Securities and Exchange Commission filing by HCIC (NASDAQ: HCIC) declares it unlikely the merger will conclude by the “outside date” of Nov. 8.

Endangered SPAC? Public trading path for Plus could be in jeopardy

CUPERTINO, Calif.--(BUSINESS WIRE)-- #autonomoustrucks--Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently disclosed its proposed business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC), announced today that Plus has delivered the initial production batch of PlusDrive autonomous driving units to FAW in order for FAW to integrate the units and launch China's first driver-in autonomous trucks. The delivery is part of an agreement with FAW in which Plus sell

Plus Delivers Initial Production Units of the PlusDrive Autonomous Driving Technology Solution to the World's Largest Heavy Duty Truck Manufacturer FAW

Northern Genesis Acquisition Corp II

Reinvent Technology Partners Y

TuSimple Holdings

Self-driving truck stocks give you exposure to an exciting investing niche. If you want to future-proof your portfolio, look no further.

4 Self-Driving Truck Stocks You Need to Keep an Eye On

CUPERTINO, Calif.--(BUSINESS WIRE)-- #AI--Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently disclosed its proposed business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC), announced today that it will collaborate with Teledyne FLIR, LLC on a development project to explore the addition of thermal cameras to the sensor stack used with Plus's Level 4 autonomous driving technology. Plus takes a multi-modal sensor approach and currently uses lid

Plus Starts Development With Teledyne FLIR to Test Thermal Cameras for Autonomous Trucks

CUPERTINO, Calif.--(BUSINESS WIRE)---- $HCIC #AI--Plus (formerly Plus.ai), a global provider of self-driving truck technology that recently announced its proposed business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC), revealed today that it has completed a driverless Level 4 truck demonstration on a highway. The driverless semi truck was operated using Plus's Level 4 autonomous driving technology, without a safety driver, teleoperator, or any other forms of human intervention. This rep

Plus Completes Driverless Level 4 Semi Truck Highway Demonstration

CUPERTINO, Calif. — So what is it like when a robot is doing the driving of a fully loaded Class 8 heavy-duty truck?

Exclusive first ride: Plus autonomous truck is a gentle giant on the highway

Torrid says its focus on fit for the plus-size woman consumer gives it an advantage over other retailers that don't specialize in the category.

IPO Report: Torrid IPO: 5 things to know about the plus-size retailer as it hits public markets

CUPERTINO, Calif.--(BUSINESS WIRE)-- #AI--Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that it has won the 2021 RBR50 Robotics Innovation Award for its driver-in, supervised autonomous driving system, PlusDrive. PlusDrive is recognized for its readiness for commercial deployment to truck fleets, ease of use, and ability to help improve road safety, increase fuel efficiency, enhance driver comfort, and reduce carbon emissions. Produced by Robotics Busine

Plus Wins RBR50 Robotics Innovation Award for its Autonomous Driving Technology for Semi Trucks

CUPERTINO, Calif. & NEW YORK--(BUSINESS WIRE)--Plus (formerly Plus.ai) (“Plus”) today announced the confidential submission on Friday, June 25 with the U.S. Securities and Exchange Commission (the “SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“Hennessy Capital”), a publicly traded special purpose acquisition company (or SPAC). The Registration

Hennessy Capital Investment Corp. V and Plus Announce Confidential Submission of Registration Statement in Connection with the Proposed Business Combination

CUPERTINO, Calif.--(BUSINESS WIRE)-- #autonomoustrucks--Reissuing release dated June 16, 2021, to add ticker symbol for searching purposes. The release reads: PLUS'S AUTONOMOUS TRUCKS TO TRANSPORT EQUIPMENT FOR GOOD MACHINE'S ANTI-CLIMATE CHANGE AND SUSTAINABILITY FOCUSED PROJECTS Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that they are partnering with Schmidt Futures-supported Good Machine venture studio on a pilot program to extend the sustainability impact that

CORRECTING and REPLACING Plus's Autonomous Trucks to Transport Equipment for Good Machine's Anti-Climate Change and Sustainability Focused Projects

Amazon

The post Amazon Reportedly Orders 1,000 Autonomous Driving Systems from Plus appeared first on Millennial Money. Ahead of its merger with special purpose acquisition company (SPAC) Hennessy Capital Investment Corp V (NASDAQ: HCIC), which was announced last month, autonomous truck startup Plus has reportedly secured an order of 1,000 autonomous driving systems from e-commerce behemoth Amazon.com (NASDAQ: AMZN). The rumor sent Hennessy Capital Investment Corp V shares up by 5% this

Amazon Reportedly Orders 1,000 Autonomous Driving Systems from Plus

Autonomous trucking will provide very significant advantages for long-haul trucking. It will create a large new market, and several new companies will see significant success in this market, although this is still three years away.

Plus: Another Opportunity To Invest In Autonomous Trucking

CUPERTINO, Calif.--(BUSINESS WIRE)-- #autonomoustrucks--Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that they are partnering with Schmidt Futures-supported Good Machine venture studio on a pilot program to extend the sustainability impact that each company is working towards. Through this pilot, Plus's automated trucks will help move equipment used for Good Machine's sustainability efforts to address wildfires, food insecurity, illicit wildlife poaching, and illegal

Plus's Autonomous Trucks to Transport Equipment for Good Machine's Anti-Climate Change and Sustainability Focused Projects

Universal Music, the largest publisher of music in the world, may be listed on public stock markets through a massive deal with billionaire investor Bill Ackman's special purpose acquisition company, Pershing Square Tontine Holdings.

Billionaire Bill Ackman In Talks To Take Universal Music Public At $40 Billion-Plus Valuation

CUPERTINO, Calif.--(BUSINESS WIRE)-- #AI--Plus Completes 4,000 Mile Journey on the Silk Road as Part of Validating PlusDrive System for Mass Production

Plus Completes 4,000 Mile Journey on the Silk Road as Part of Validating PlusDrive System for Mass Production

Aurora Acquisition Corp

Soaring Eagle Acquisition Corp

Star Peak Corp II

Centricus Acquisition Corp

Last week featured eight announced SPAC deals. The week also had earnings from several well-known former SPACs.

'SPACs Attack' Recap: Looking Back At 8 SPAC Deals Plus Latest SPAC Headlines And Earnings

A company hoping to disrupt the massive semitruck market announced a SPAC deal Monday, with plans to launch autonomous trucks in 2021. The SPAC Deal: Plus, formerly known as Plus.ai, announced a SPAC deal with Hennessy Capital Investment Corp V (NASDAQ: HCIC).

Autonomous Trucking Company Plus Announces SPAC Deal: What Investors Should Know

Self-driving truck software developer Plus signed a definitive agreement Monday to merge with special purpose acquisition company (SPAC) Hennessey Capital V in a deal expected to bring $500 million in cash and a $3.3 billion valuation to Plus in Q3. Hennessey is a veteran creator of shell companies funded by “blank check” investors seeking to profit from merging with a startup or early-stage company.

Plus scores SPAC deal as Wall Street sizes up TuSimple prospects

Global self-driving truck startup Plus is going public via a $3.3 billion merger with the special purpose access company (SPAC) Hennessy Capital Investment Corp. V (HCIC V). Launched in 2016, the Silicon Valley company Plus — formerly known as Plus.ai — has made a definitive business combination agreement with HCIC V to file a public offering on […]

Autonomous Truck Startup Plus Going Public Via $3.3 Billion Hennessy SPAC Deal

CUPERTINO, Calif. and NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) -- Plus (formerly Plus.ai) (the “Company”), a global provider of self-driving truck technology, announced it has entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V (NASDAQ: HCIC) (“HCIC V” or “Hennessy Capital”), a publicly traded special purpose acquisition company. Upon closing, Plus will be a publicly traded company and its common stock is expected to trade on the NYSE under the ticker symbol “PLAV”. The transaction represents a post-combination market capitalization of approximately $3.3 billion for Plus upon closing.

Plus, a Global Provider of Self-Driving Truck Technology, to Become Publicly Listed Through Business Combination with Hennessy Capital Investment Corp. V

Self-driving truck software startup Plus is reportedly in talks to merge with the same investor group that brought public electric vehicle startup Canoo Inc. (NASDAQ: GOEV), school bus maker Blue Bird Corp. (NASDAQ: BLBD) and flatbed logistics specialist Daseke Inc. (NASDAQ: DSKE). Rumors of the Cupertino, California-based startup aligning with a special purpose acquisition company (SPAC) have circulated for months.

SPAC rumor mill churns over autonomous truck software developer Plus

A self-driving truck startup called Plus is seeking to raise up to $600 million in a merger with the special purpose acquisition company (SPAC) Hennessy Capital Investment Corp. V, Bloomberg reported on Friday. The deal could go through as soon as next week, and the combined entity is set to have a valuation of over $3 billion, people familiar with the matter said.

News for Hennessy Capital Investment Corp V Stock (HCIC)