On August 6, 2020, Health Sciences Acquisitions Corporation 2 (NasdaqCM:HSAQ) closed the transaction. The company issued the shares at a price of $10 per share for gross proceeds of $4,500,000 and the warrants at a price of $1 per warrant for gross proceeds of $1,500,000. As of August 6, 2020, there were 20,450,000 ordinary shares issued or outstanding of the company, including 15,157,090 ordinary shares subject to possible redemption.