Red Rock Acquisition Corp. completes business combination with Namib Minerals; shares to trade as NAMM on Nasdaq

Hennessy Capital Investment Corp. VI

Closing of business combination on June 5, 2025; Red Rock (formerly HCVI) becomes wholly-owned subsidiary of Namib Minerals (PubCo).
Approximately 3.17M shares redeemed for ~$34.5M at ~$10.89 per share prior to close.
PubCo ordinary shares and warrants to begin trading on Nasdaq June 6, 2025 under symbols NAMM and NAMMW.
Former SPAC directors/officers resigned; Ibrahima Sory Tall appointed as sole director and President of surviving company.
Lock-up of 12 months for shares acquired by Holders, with 50% released at $12.50 and 100% at $15.00 share price milestones after 150 days.

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Executive movements

Appointed

Ibrahima Sory Tall

President

Hennessy Capital Investment Corp. VI

Effective: 2025-06-05
Filed: Jun 05, 2025 23:59 UTC

Following the consummation of the Business Combination, Ibrahima Sory Tall was appointed as the sole director and President of the Company.

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