Hennessy Capital Acquisition Corp.

announced
0001589526SEC EDGARCIK: 0001589526|Hennessy Capital Partners I LLC

Capital Structure & Economics

Trust Size$100,000,000
Unit Price$10.00
Warrant Coverage-
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

No Warrants / No Drag
Public Trust Allocation$100,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedDec 20, 2013
Target AnnouncedSep 21, 2014
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanySchool Bus Holdings Inc.
  • Announced Deal Size$469,000,000
  • Announcement Date2014-09-21

Board & Officers

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction