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Plus, a Global Provider of Self-Driving Truck Technology, to Become Publicly Listed Through Business Combination with Hennessy Capital Investment Corp. V

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Autonomous Trucking Technology Company Plans to Start Mass Production in 2021
Proprietary Full-Stack Level 4 ( L4 ) Software is Behind the Decision-Making Required to Autonomously, Safely and Intelligently Drive the Vehicle
Post-Combination Represents Market Capitalization of $3.3 Billion for Plus
Plus to Add Up to Approximately $500 Million in Gross Proceeds to Accelerate Commercialization and Expand Global Operations
Transaction Supported by $150 Million PIPE, Including Investments From Funds and Accounts Managed by BlackRock and the D. E. Shaw Group, Among Other Institutional Investors
CUPERTINO, Calif. and NEW YORK, May 10, 2021 (GLOBE NEWSWIRE) Plus (formerly Plus.ai) (the Company ), a global provider of self-driving truck technology, announced it has entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V (NASDAQ:HCIC) ( HCIC V or Hennessy Capital ), a publicly traded special purpose acquisition ....

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