 NEW YORK, Jan. 20, 2021 GLOBE NEWSWIRE -- Hennessy Capital Investment Corp. V NASDAQ: HCICU the Company announced today that it closed its upsized initial public offering of 34,500,000 units, including 4,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at 10.00 per unit, resulting in gross proceeds of 345,000,000. The units are listed on The Nasdaq Capital Market Nasdaq and commenced trading under the ticker symbol HCICU on January 15, 2021. Each unit consists of one share of the Companys Class A common stock and one-fourth of one redeemable warrant, each whole warrant enabling the holder thereof to purchase one share of Class A common stock at a price of 11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols HCIC and HCICW, respectively. 