Successfully merged with School Bus Holdings Inc. • Now trading as BLBD
SPAC Overview
$115M
IPO Size
$115M
Trust (as of 2014-12-31)
Completed
Current Status
2014
IPO Year
Timeline Progress
About
A blank-check company formed to complete a business combination, with an intended focus on diversified industrial manufacturing and distribution businesses in the United States.
Investment Focus
Industrial, Manufacturing
Geographic Focus
United States
The terms and the filing trail behind Hennessy Capital Acquisition Corp.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Bradley J. Bell
Chairman of the Audit Committee, Director, Director Nominee
Daniel J. Hennessy
Chairman of the Board of Directors, Chief Executive Officer
Peter Shea
Chairman of the Compensation Committee, Director, Director Nominee
Charles B. Lowrey Jr.
Chief Financial Officer, Executive Vice President, Secretary
Kevin Charlton
Chief Operating Officer, Director, President
Joseph Tabet
Director, Director Nominee
Richard Edward Burns
Director, Director Nominee
Kevin J. Charlton
Beneficial owner
Underwriters
Extended Team Information
Led by Daniel J. Hennessy, with over 25 years of middle-market private-equity experience focused on industrial manufacturing and distribution. Other directors and officers bring private-equity, telecommunications, operations, governance, finance and capital-markets experience.
Stock Performance
BLBD
Trading Symbol
First Trade
March 20, 2014
$9.60
At Merger
February 27, 2015
$9.75
+2%
6 Months Post-Merger
August 31, 2015
$11.82
+21%
1 Year Post-Merger
March 3, 2016
$9.55
-2%
2 Years Post-Merger
February 28, 2017
$17.00
+74%
Current Price
October 2, 2026
$56.53
+489%
Key Information
IPO Date
January 17, 2014
Total Redemptions
$74.9M
PIPE
$50M
SIC
6770
Completion Date
February 24, 2015
Merger Target
School Bus Holdings Inc.
SPAC Ticker
HCAC
Merged Ticker
BLBD