Healthcare Services Acquisition Closes Upsized $331.2M IPO

Healthcare Services Acquisition announced the closing of its upsized and oversubscribed IPO of 33,120,000 units at $10 per unit. Gross proceeds, including a 20 percent upsize and full exercise of the 15% over-allotment option were $331.2 million.

The SPAC is focused on technology-enabled healthcare services companies.

The company’s units trade on the Nasdaq under HCARU. Once the securities comprising the units begin separate trading, Class A common stock and warrants will be listed under HCAR and HCARW, respectively. Read more.

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