SCHEDULE: Linden Capital Group Reports 5.8% Ownership Stake in Hennessy Capital Investment Corp. VII

Sentiment:

Beneficial Ownership Report


Linden Capital L.P. and related entities, including Linden Advisors and Siu Min Wong, have disclosed ownership of over 5% of Hennessy Capital Investment Corp. VII's Class A Ordinary Shares as of January 21, 2025.

Summary

  • Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong have filed a Schedule 13G with the SEC regarding their ownership in Hennessy Capital Investment Corp. VII.
  • As of January 21, 2025, Linden Advisors and Mr. Wong are deemed beneficial owners of 1,213,732 shares, representing approximately 6.2% of the outstanding shares.
  • This includes 1,147,667 shares held by Linden Capital and 66,065 shares held by separately managed accounts.
  • Linden GP and Linden Capital are deemed beneficial owners of 1,147,667 shares, representing approximately 5.8% of the outstanding shares.
  • The filing indicates shared voting and dispositive power over the shares by the reporting persons.
  • The percentages are based on 19,690,000 shares outstanding as disclosed by Hennessy Capital Investment Corp. VII in its Form 8-K filed on January 21, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports ownership percentages.

Industry Context

Schedule 13G filings are standard disclosures required when an entity acquires beneficial ownership of more than 5% of a company's voting shares, indicating a potentially significant investment position.

Comparison to Industry Standards

  • Hedge funds and investment advisors routinely file Schedule 13G reports when their ownership in a publicly traded company exceeds 5%.
  • Other comparable companies that file similar reports include entities like Viking Global Investors, Tiger Global Management, and Pershing Square Capital Management.
  • The level of detail provided in this filing is consistent with industry standards for Schedule 13G disclosures.

Stakeholder Impact

  • The disclosure of significant ownership may influence investor perception of Hennessy Capital Investment Corp. VII.
  • The filing provides transparency to shareholders regarding the ownership structure of the company.

Key Dates

DateDescription
June 10, 2019Date of Siu Min Wong's Power of Attorney.
June 19, 2019Date of Schedule 13G filed by Linden Capital L.P. in respect of its holdings in Haymaker Acquisition Corp II.
January 21, 2025Date of event which requires filing of this statement and date of issuer's 8-K filing disclosing 19,690,000 shares outstanding.
January 24, 2025Date of signature of the Schedule 13G filing.

Keywords

Hennessy Capital Investment Corp. VII, Linden Capital, Linden Advisors, Siu Min Wong, Schedule 13G, Beneficial Ownership, Shares, Investment

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