Signs are flashing red for the business combination of autonomous trucking software developer Plus getting to the finish line of its $3.3 billion SPAC merger with Hennessy Capital Acquisition Corp. V.
A Sept. 27 Securities and Exchange Commission filing by HCIC (NASDAQ: HCIC)
declares it unlikely the merger will conclude by the “outside date” of Nov. 8. Plus will not comment on the timing of the closing of the business combination.
Competitor Aurora Innovation expects to conclude its SPAC business...
https://www.freightwaves.com/news/endangered-spac-public-trading-path-for-plus-could-be-in-jeopardy