Healthcare Capital Corp. priced its upsized offering of 24 million units to raise $240 million in an IPO. The amount represents a 20 percent increase from the $200 million initially anticipated as noted in a December S-1 filing.
The SPAC intends to target businesses across the healthcare industry, with a focus on digital and telehealth, life sciences, innovative medical devices, and healthcare technology.
Healthcare Capital is led by Chairman Dr. David Milch, a tech and life sciences investor.
Units begin trading today on the Nasdaq under HCCCU. Read more.
