Healthcare Capital Corp. Announces the Separate Trading of its Class A Common Stock and Warrants
04 Março 2021 - 7:30PM
Healthcare Capital Corp. (the “Company”) announced today that,
commencing March 8, 2021, holders of the 27,500,000 units sold in
the Company’s initial public offering may elect to separately trade
the Company’s Class A common stock and warrants included in
the units. Class A common stock and warrants that are
separated will trade on the Nasdaq Stock Market LLC under the
symbols “HCCC” and “HCCCW,” respectively. No fractional warrants
will be issued upon separation of the units and only whole warrants
will trade. Those units not separated will continue to trade on the
Nasdaq Stock Market LLC under the symbol “HCCCU.” Holders of units
will need to have their brokers contact Continental Stock Transfer
& Trust Company, the Company's transfer agent, in order to
separate the units into Class A common stock and warrants.
Healthcare Capital Corp. is a blank check company incorporated
for the purpose of effecting a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. While the Company
may pursue an initial business combination target in any industry,
it currently intends to concentrate its search for a target
business operating in the healthcare industry, with a focus on
digital and telehealth, life sciences, innovative medical devices
and healthcare technology.
The units were initially offered by the Company in an
underwritten offering. Cantor Fitzgerald & Co. acted as sole
book running manager of the offering. A registration statement
relating to these securities has been filed with, and declared
effective by, the Securities and Exchange Commission (“SEC”) on
January 14, 2021.
Cautionary Note Concerning Forward-Looking
Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
Company’s search for an initial business combination.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement for the initial public offering filed with the SEC.
Copies are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Contact
William Johns Chief Executive Officerbill@wjohns.com
Healthcare Capital (NASDAQ:HCCCU)
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