{"id":328674,"date":"2024-09-09T20:15:00","date_gmt":"2024-09-09T20:15:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/vine-hill-capital-investment-corp-announces-closing-of-200000000-initial-public-offering\/"},"modified":"2024-09-09T20:15:00","modified_gmt":"2024-09-09T20:15:00","slug":"vine-hill-capital-investment-corp-announces-closing-of-200000000-initial-public-offering","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/vine-hill-capital-investment-corp-announces-closing-of-200000000-initial-public-offering\/","title":{"rendered":"Vine Hill Capital Investment Corp. Announces Closing of $200,000,000 Initial Public Offering"},"content":{"rendered":"<p><\/p>\n<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p><strong>Fort Lauderdale, Florida, Sept.  09, 2024  (GLOBE NEWSWIRE) &#8212; <\/strong>Vine Hill Capital Investment Corp. (the \u201c<u>Company<\/u>\u201d), a special purpose acquisition company, today announced the closing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units began trading on the Nasdaq Global Market (\u201c<u>Nasdaq<\/u>\u201d) under the ticker symbol \u201cVCICU\u201d on September 6, 2024. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be traded on Nasdaq under the symbols \u201cVCIC\u201d and \u201cVCICW,\u201d respectively. The Company has granted the underwriters a 45-day option to purchase on a pro rata basis up to 3,000,000 units at the initial public offering price to cover over-allotments, if any.<\/p>\n<p align=\"justify\">The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any business, industry, sector or geographical location, but the Company intends to focus its search on a target business in the industrial and services industries, where it believes the expertise of its management team will provide it with a competitive advantage in completing a successful initial business combination.<\/p>\n<p align=\"justify\">Stifel, Nicolaus &amp; Company, Incorporated acted as sole book-running manager for the offering.\u00a0Paul Hastings LLP served as legal counsel to the Company. Ellenoff Grossman &amp; Schole LLP served as legal counsel to the underwriters.<\/p>\n<p align=\"justify\">The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Stifel, Nicolaus &amp; Company, Incorporated: Stifel, Nicolaus &amp; Company, Incorporated, Attention: Syndicate Department, One South Street, 15th Floor, Baltimore, Maryland 21202, or by email:\u00a0\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=t8Xf7jHS1PghNcvmPGdhfO2KGRSEWrWyp3MFUrR3S0FzOL0Z-uyVcFtCupIqc4ssfAODNUZBHmUi8vTmcBCh3ZdSr9JBby07YmpDtRkyPL-DvSUJwW04ixhd2atcdnYi\" rel=\"nofollow noopener\" target=\"_blank\" title=\"SyndProspectus@Stifel.com\">SyndProspectus@Stifel.com<\/a>\u00a0or by telephone: (855) 300-7136.<\/p>\n<p align=\"justify\">The registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the \u201c<u>SEC<\/u>\u201d) on September 5, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p align=\"justify\"><strong>Forward Looking Statements <\/strong><\/p>\n<p align=\"justify\">This press release contains statements that constitute \u201cforward-looking statements,\u201d including with respect to the anticipated use of the net proceeds from the offering. No assurance can be given that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and final prospectus for the Company\u2019s initial public offering filed with the SEC. Copies of these documents are available on the SEC\u2019s website, at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wld-1kVyLhbxtW_xxuTjA7ieaDRqSqsnRrKHG_T6OhAHsR_z7gw3rS9wWw4v3nAehukZKrWitGoa9n6R7UoFhw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.sec.gov\">www.sec.gov<\/a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<\/p>\n<p align=\"justify\"><strong>Contact<\/strong><\/p>\n<p><strong>Nicholas Petruska<\/strong><br \/><strong>Vine Hill Capital Investment Corp.<\/strong><br \/>Phone: (954) 848-2859<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Zue7R3aPPdn4HRjCMvodDl8iNZZL_bkySwxW0L8Sk14cMqD91209QF8nPh_TS-J-ITaeRqy4vMHVDKdB2AfoeavMe2gaLiQQutQIcH7Dkps=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>info@vinehillcapital.com<\/u><\/a>\u00a0\u00a0 <br \/>Website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Yl5z8fWQsF0_reTsn7S_BwJNldzNDoTM86xKywNVrBkcRCh--dEPBuvTlNMMDyKvAPLHX0WUBRa2Y6QbQijOJMFbsR3gnYK8BCi6_QBBtqBDqq3gAbC2PU0aFMoRC9cKvneMk11VYYXsSSIrSHxs1yVVt1z2-R2Pjth42--1Y7vvSxR9i6Rwfos0M4y4YO8qikO0WZo_8Ww2M-UMXM4JkCmKe6aKFgI3QjjvtVRqXdtMmhxe5h5FbLOWMytDfpIej9Xdl81eo_pPw5a6TGclyTE2z7dyH5Ww9gm8U476Oyuf9gmP5-U9OohLz2arI02y\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/vinehillcapital.com\/<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDY4MmI3NGYtZTIzMC00NGYwLThkY2ItNTU4YmE1YWUyYjc0LTUwMDEyNzcyMQ==\/tiny\/Vine-Hill-Capital-Investment-C.png\" referrerpolicy=\"no-referrer-when-downgrade\"\/>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fort Lauderdale, Florida, Sept. 09, 2024 (GLOBE NEWSWIRE) &#8212; Vine Hill Capital Investment Corp. (the \u201cCompany\u201d), a special purpose acquisition company, today announced the closing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units began trading on the Nasdaq Global Market (\u201cNasdaq\u201d) under the ticker symbol \u201cVCICU\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":328675,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/media\/ZDY4MmI3NGYtZTIzMC00NGYwLThkY2ItNTU4YmE1YWUyYjc0LTUwMDEyNzcyMQ==\/tiny\/Vine-Hill-Capital-Investment-C.png","fifu_image_alt":"","footnotes":""},"categories":[57166],"tags":[58079,59136,58358,57455,61203,60587,48726,58119,58413,63854],"class_list":["post-328674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire","tag-announces","tag-capital","tag-closing","tag-corp","tag-hill","tag-initial","tag-investment","tag-offering","tag-public","tag-vine"],"acf":[],"_links":{"self":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/328674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=328674"}],"version-history":[{"count":0,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/328674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/328675"}],"wp:attachment":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=328674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=328674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=328674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}