04:24 AM EST, 01/17/2025 (MT Newswires) -- Hennessy Capital Investment VII said late Thursday it priced its initial public offering of 17.5 million units at $10 per unit.

The company said the units will be listed on the Nasdaq under the 'HVIIU' ticker starting Friday.

Each unit includes one Class A ordinary share and one right to receive a one-twelfth portion of a Class A share upon the company's initial business combination, Hennessy Capital Investment said.

It added that once the units separate, Class A shares will trade under the ticker 'HVII,' and the share rights will be under 'HVIIR.'

The offering is expected to close on Jan. 21.