10:40 AM EDT, 10/01/2024 (MT Newswires) -- Hennessy Capital Investment Corp. VI ( HCVI ) said Tuesday that its shareholders have approved the extension of the deadline to complete an initial business combination to March 31, 2025, from Sept. 30.

The shareholders also allowed, without another stockholder vote, to further extend the deadline up to three times for an additional one month each time, until up to June 30, 2025, the blank check company said.

The extension allows the company to continue focusing on completing the proposed business combination with Namib Minerals, said Hennessy Capital Chairman and Chief Executive Daniel Hennessy.

The company's shares were down 8.5% in recent trading.

Price: 10.54, Change: -0.98, Percent Change: -8.51