Vine Hill Capital Investment Corp.

General Information
Business:

We are a newly organized blank check company. (Incorporated in the Cayman Islands)

We intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on the industrial and services industries. We will seek to acquire one or more businesses with an aggregate enterprise value of approximately $500 million to $1 billion (and may be greater than $1 billion), and we will not be prohibited from pursuing businesses with an aggregate enterprise value of less than $500 million.

Our strategy will be to identify, acquire and, after our initial business combination, build an industrial or services business.

Nicholas Petruska has served as our CEO since our inception. Mr. Petruska, a former investment banker at Morgan Stanley, is a long-tenured and experienced SPAC executive. From January 2014 through August 2024, Mr. Petruska served in executive positions with SPACS known as Hennessy 1 through Hennessy VI that were affiliated with Hennessy Capital, according to the prospectus.

Daniel Zlotnitsky has served as our CFO since our inception. Mr. Zlotnitsky, a former investment banker at Houlihan Lokey, has robust experience as a SPAC investor. Mr. Zlotnitsky previously served as an investment professional with Hennessy VI and Hennessy V. Hennessy V liquidated in December 2022. From November 2022 to November 2023, Mr. Zlotnitsky served as Special Advisor to Twin Ridge on its merger with Carbon Revolution plc (NASDAQ: CREV). Prior to working with the Hennessy Capital SPACs, from June 2019 to December 2021, Mr. Zlotnitsky was an investment professional at The Gores Group LLC, where he was a member of the SPAC investment team that consummated Gores Holdings IV, Inc.’s merger with United Wholesale Mortgage (NYSE: UWMC), Gores Holdings V, Inc.’s merger with Ardagh Metal Packaging S.A. (NYSE: AMBP), and Gores Metropoulos II, Inc.’s merger with Sonder Holdings Inc. (NASDAQ: SOND). Prior to joining The Gores Group LLC, from April 2018 to June 2019, Mr. Zlotnitsky was an investment professional at Breakaway Capital, a middle-market private equity and structured credit firm. From July 2017 to April 2018, he was an investment banker at Houlihan Lokey.

(Note: Vine Hill Capital Investment Corp. priced its SPAC IPO in sync with the terms in the prospectus – 20.0 million units at $10.00 each to raise $200.0 million – on Thursday night, Sept. 5, 2024. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant.)

(Note: Vine Hill Capital Investment Corp. filed its S-1 and disclosed the terms for its SPAC IPO – 20.0 million units at $10.00 each to raise $200.0 million – on July 18, 2024. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Background: Vine Hill Capital Investment Corp. submitted its confidential IPO documents to the SEC on June 11, 2024.)

 

Industry: BLANK CHECKS
Employees: 0
Founded: 2024
Contact Information
Address 500 E Broward Blvd, Suite 1710 Fort Lauderdale, FL 33394
Phone Number (954) 848-2859
Web Address
View Prospectus: Vine Hill Capital Investment Corp.
Financial Information
Market Cap $266.67mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol VCICU
Exchange NASDAQ
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers Stifel
CO-Managers
Expected To Trade: 9/6/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change