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Vine Hill Capital Investment Corp. Announces Pricing of $200 Million Initial Public Offering

Vine Hill Capital Investment Corp. Announces Pricing of 0 Million Initial Public Offering

Fort Lauderdale, Florida, September 5, 2024 (GLOBE NEWSWIRE) — Vine Hill Capital Investment Corp. (the “Company”), a special purpose acquisition company, today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “VCICU” effective September 6, 2024. Each unit consists of one share of Class A common stock and one-half redeemable warrant of the Company. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects its Class A common stock and warrants to be listed on Nasdaq under the symbols ”VCIC” and ”VCICW”, respectively. The offering is expected to close on September 9, 2024, subject to customary closing conditions.

The Company has been formed for the purpose of effecting a merger, consolidation, share exchange, asset acquisition, stock 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 geographic location, but the Company intends to focus its search on a target business in the industrial and service sectors where it believes the expertise of its management team will provide it with a competitive advantage in completing a successful initial business combination.