Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU – Get Free Report)’s share price dropped 1% during mid-day trading on Friday . The company traded as low as $10.58 and last traded at $10.58. Approximately 246 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 935 shares. The stock had previously closed at $10.69.
Hennessy Capital Investment Corp. VII Stock Down 1.0%
The business’s 50 day simple moving average is $10.65 and its 200-day simple moving average is $10.67.
About Hennessy Capital Investment Corp. VII
Hennessy Capital Investment Corp. VII is a special purpose acquisition company formed to identify and complete a business combination with a target company. Organized as a Cayman Islands exempted company, it raises capital through an initial public offering to pursue mergers, stock purchases, asset acquisitions and similar transactions.
Sponsored by Hennessy Capital Partners, an affiliate investment firm with expertise in building growth businesses, the SPAC focuses on sectors such as technology, consumer goods, financial services and business services.
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