IPOs
By The Online Investor Staff, updated Sun., Dec. 15, 10:14 AM
| This Slide: #2 of 15 |
Slide #2. Healthcare Merger Corp. — Initial Public Offering
Company:
Healthcare Merger Corp.
Proposed Symbol:
HCCOU
Shares Offered:
22,000,000
Price Per Share:
$10.00
Over-Allotment:
3,300,000
Description:
Healthcare Merger Corp. (the "Company") announced today that it priced its upsized initial public offering of 22,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market ("Nasdaq") and will begin trading tomorrow, Friday, December 13, 2019, under the ticker symbol "HCCOU". Each unit consists of one share of the Company's Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols "HCCO" and "HCCOW," respectively. Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,300,000 units at the initial public offering price to cover over-allotments, if any.
