Healthcare Services Acquisition Prices $288M IPO


Healthcare Services Acquisition today priced its IPO of 28.8 million shares at $10 each to raise $288 million.

The SPAC last week in an amended filing had cut the planned raise to $240 million, down 20 percent from the initial filing for $300 million.

Healthcare Services is focused on technology-enabled healthcare services companies.

Based in Bethesda, MD, the SPAC’s shares list on the Nasdaq under HCARU and begin trading today.

Total
0
Shares
Related Posts
Read More

Aurora Restates Financials for Warrants

Aurora is in a pending merger with homebuying platform Better HoldCo that reflects an implied equity value of approximately $6.9 billion and a post-money equity value of approximately $7.7 billion for the combined company.