- SEC approves the amended registration statement for Namib Minerals and Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) merger.
- Special meeting for HCVI stockholders rescheduled to May 5, 2025, for a merger vote.
- Upon merger completion, Namib Minerals to be listed on Nasdaq under 'NAMM' and 'NAMMW' tickers.
Namib Minerals and Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) have cleared a significant regulatory hurdle in their proposed business combination. The U.S. Securities and Exchange Commission (SEC) declared effective the post-effective amendment to the registration statement on Form F-4. This development advances the potential merger to the stockholder voting phase.
Originally scheduled for April 7, the special meeting of HCVI stockholders is now set for May 5, 2025. The meeting will be conducted virtually, and only those who were HCVI stockholders as of the record date, March 31, 2025, are eligible to vote on the proposed merger. Additionally, stockholders wishing to exercise their redemption rights must do so by May 1, 2025.
Upon successful completion, HCVI and Greenstone will become wholly-owned subsidiaries of Namib Minerals, which plans to list its ordinary shares and warrants on the Nasdaq Global Market under the symbols 'NAMM' and 'NAMMW,' respectively. This merger marks a pivotal transition for HCVI from a special purpose acquisition company (SPAC) to an operational gold mining business with assets in Zimbabwe and the Democratic Republic of Congo.