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HEAE CAPI

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Healthcare Capital Corp. announced that it expects to receive $6 million in funding from Healthcare Capital Sponsor LLC

12/21/2020 EDT

Healthcare Capital Corp. announced a private placement of 6,000,000 pre-paid warrants at a price of $1 per warrant for gross proceeds of $6,000,000 with existing investor Healthcare Capital Sponsor LLC on December 21, 2020. The company will issue additional 600,000 warrants if the underwriters’ over-allotment option is exercised in full. Each warrant is exercisable at $11.5 per class A share, subject to adjustments. The transaction will close concurrently with public offering. The private placement warrants will be non-redeemable. The warrants will not be transferable, assignable or salable until 30 days after the completion of our initial business combination.


© S&P Capital IQ 2020
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