The Company is a blank check company founded by Daniel J. Hennessy and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business, industry, sector or geographical location, it intends to focus its search on target businesses in the industrial technology sector.
Company profile
Ticker
HCVI, HCVIU, HCVIW
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
861626937
HCVI stock data
Latest filings (excl ownership)
8-K
Other Events
15 Apr 24
10-K
2023 FY
Annual report
28 Mar 24
8-K
Entry into a Material Definitive Agreement
17 Jan 24
8-K
Amendments to Articles of Incorporation or Bylaws
12 Jan 24
DEFA14A
Additional proxy soliciting materials
10 Jan 24
8-K
Other Events
10 Jan 24
DEFA14A
Additional proxy soliciting materials
4 Jan 24
8-K
Other Events
4 Jan 24
DEF 14A
Definitive proxy
21 Dec 23
PRE 14A
Preliminary proxy
8 Dec 23
Latest ownership filings
SC 13G/A
First Trust Capital Management L.P.
7 Mar 24
SC 13G/A
D. E. SHAW & CO, L.P.
14 Feb 24
SC 13G
First Trust Capital Management L.P.
14 Feb 24
SC 13G/A
Atlas Merchant Capital LLC
14 Feb 24
SC 13G
Westchester Capital Management, LLC
14 Feb 24
SC 13G/A
Apollo Management Holdings GP, LLC
13 Feb 24
SC 13G/A
CANTOR FITZGERALD SECURITIES
12 Feb 24
SC 13G/A
ARISTEIA CAPITAL, L.L.C.
12 Feb 24
SC 13G/A
SPRING CREEK CAPITAL LLC
9 Feb 24
SC 13G/A
Wealthspring Capital LLC
8 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
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) | 3.00 k | 3.00 k | 3.00 k | 3.00 k | 3.00 k | 3.00 k |
Cash burn (monthly) | 53.33 k | 89.17 k | 920.00 k | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 366.93 k | 613.46 k | 6.33 mm | n/a | n/a | n/a |
Cash remaining | -363.93 k | -610.46 k | -6.33 mm | n/a | n/a | n/a |
Runway (months of cash) | -6.8 | -6.8 | -6.9 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
98.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 41 |
Opened positions | 3 |
Closed positions | 23 |
Increased positions | 8 |
Reduced positions | 18 |
13F shares | Current |
---|---|
Total value | 1.28 bn |
Total shares | 25.41 mm |
Total puts | 0.00 |
Total calls | 663.16 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Capital Advisors, LLC- CA Arena | 3.12 mm | $0.00 |
Atlas Merchant Capital | 3.00 mm | $31.17 mm |
D. E. Shaw & Co | 2.97 mm | $0.00 |
Apollo Management Holdings GP | 2.97 mm | $0.00 |
Fitzgerald Securities Cantor | 2.55 mm | $0.00 |
Harraden Circle Investments | 2.01 mm | $20.85 mm |
D. E. Shaw & Co. | 990.00 k | $118.80 mm |
BLK Blackrock | 990.00 k | $118.80 mm |
Kim | 956.67 k | $145.89 mm |
Apollo Management | 823.33 k | $98.80 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
27 Mar 23 | Greg Ethridge | Class B Common Stock Class A Common Stock | Buy | Acquire P | Yes | No | 145 | 25,000 | 3.63 mm | 11,239,318 |
27 Mar 23 | Richard H Fearon | Class B Common Stock Class A Common Stock | Sell | Dispose S | No | No | 145 | 25,000 | 3.63 mm | 25,000 |