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Share this article Share this article BETHESDA, Md., Dec. 28, 2020 /PRNewswire/ Healthcare Services Acquisition Corporation today announced the closing of its upsized and oversubscribed initial public offering of 33,120,000 units at $10.00 per unit. Gross proceeds from the offering, inclusive of both a 20% upsize and full exercise of the 15% over-allotment option (or greenshoe ), were $331.2 million. Each unit consists of one share of the company s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share. The Company s units trade on the Nasdaq Capital Market ( Nasdaq ) under the symbol HCARU. Once the securities comprising the units begin separate trading, the company expects that its Class A common stock and warrants will be listed on Nasdaq under the symbols HCAR and HCARW, respectively. ....
Healthcare Services Acquisition Corporation Announces Pricing of Upsized $288 Million Initial Public Offering News provided by Share this article Share this article BETHESDA, Md., Dec. 22, 2020 /PRNewswire/ Healthcare Services Acquisition Corporation (the Company ) today announced the pricing of its upsized initial public offering of 28,800,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The Nasdaq Capital Market ( Nasdaq ) under the ticker symbol HCARU beginning December 23, 2020. Each unit consists of one share of the Company s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. The Company is led by David T. Blair, its Chief Executive Officer, Martin J. Payne, its President, Joshua B. Lynn, its Chief Financial Officer, and Tao Tan, its Chief Operating Officer. ....