Hennessy Capital Investment Corp. VI (HCVI)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	890.00 k	890.00 k	890.00 k	890.00 k	890.00 k	890.00 k
Cash burn (monthly)	30.00 k	(no burn)	3.28 mm	468.25 k	30.00 k	324.92 k
Cash used (since last report)	120.67 k	n/a	13.18 mm	1.88 mm	120.67 k	1.31 mm
Cash remaining	769.33 k	n/a	-12.29 mm	-993.41 k	769.33 k	-416.89 k
Runway (months of cash)	25.6	n/a	-3.8	-2.1	25.6	-1.3

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Financial data from company earnings reports.

Institutional ownership, Q3 2024

HCVI institutional ownership history Ownership history

89.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	25	31	-19.4%
Opened positions	13	1	+1200.0%
Closed positions	19	4	+375.0%
Increased positions	6	4	+50.0%
Reduced positions	3	4	-25.0%

13F shares	Current	Prev Q	Change
Total value	46.01 bn	1.23 bn	+3653.1%
Total shares	13.08 mm	18.98 mm	-31.1%
Total puts	0.00	0.00
Total calls	0.00	543.35 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
D. E. Shaw & Co	2.97 mm	$0.00	0.0%
Apollo Management Holdings GP	2.97 mm	$0.00	0.0%
Fitzgerald Securities Cantor	2.55 mm	$0.00	0.0%
Polar Asset Management Partners	525.00 k	$6.08 bn	-1.7%
Rivernorth Capital Management	500.00 k	$5.80 bn	+9.6%
Atlas Merchant Capital	500.00 k	$5.76 bn	NEW
Alberta Investment Management	432.49 k	$4.98 bn	+206.6%
CNH Partners	350.00 k	$4.03 bn	-37.4%
Walleye Capital	320.43 k	$3.71 bn	+66.0%
Aqr Capital Management	280.00 k	$2.94 mm	NEW

Largest transactions	Shares	Bought/sold	Change
Harraden Circle Investments	0.00	-2.01 mm	EXIT
D. E. Shaw & Co.	0.00	-990.00 k	EXIT
Kim	0.00	-956.67 k	EXIT
Cowen And	0.00	-906.48 k	EXIT
Apollo Management	0.00	-823.33 k	EXIT
BLK BlackRock	0.00	-801.90 k	EXIT
Atlas Merchant Capital	500.00 k	+500.00 k	NEW
Shaolin Capital Management	0.00	-500.00 k	EXIT
Q Global Advisors	0.00	-358.06 k	EXIT
Alberta Investment Management	432.49 k	+291.42 k	+206.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HCVI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Oct 24	Polar Asset Management Partners	Shares of Class A common stock, par value $0.0001 per share	Sell	Dispose S	Yes	No	10.51	200,000	2.10 mm	325,000
16 Jan 24	Capital Advisors, LLC- CA Arena	CLASS A COMMON STOCK	Other	Dispose J	Yes	No	10.4897	3,122,405	32.75 mm	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Namib Minerals and Hennessy Capital Investment Corp. VI Announce Filing of Registration Statement in Connection with their Proposed Business Combination and Namib Minerals' Planned Nasdaq Listing

9 Dec 24

Namib Minerals and co-registrant Greenstone Corporation ("Greenstone") filed a registration statement on Form F-4 (the "Registration Statement") with the U.S. Securities Exchange Commission (the "SEC"), a critical step