Money Makers Mentor

Plus and Hennessy Capital Investment enter in a business combination together

Plus, a global provider of self-driving truck technology announced it has entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V, a publicly traded special purpose acquisition company.

Upon closing, Plus will be a publicly traded company. Its common stock is expected to trade on the NYSE under the ticker symbol “PLAV”. Overall, the transaction represents a post-combination market capitalization of approximately $3.3 billion for Plus upon closing.

“We are excited to partner with Plus on their mission to make long-haul trucking safer, cheaper, and better for the environment,” said Daniel J. Hennessy, Chairman and CEO of HCIC V. “HCIC V was formed with the goal of merging with a company that provides sustainable technologies. While we evaluate…

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