Healthcare Merger Corp. (HCCOU) Prices Upsized $220M IPO
Healthcare Merger Corp. (HCCOU), announced the pricing of their upsized $220 million SPAC IPO this evening. Healthcare Merger Corp’s units are expected to begin trading, tomorrow, Friday, December 13th, under the symbol Nasdaq: HCCOU.
Healthcare Merger Corp. intends to focus on businesses in the healthcare industry and will be sponsored by MTS Health Partners, L.P., an Investment Banking firm focused exclusively on the healthcare sector. The team will be led by Steven J. Shulman, as CEO.
Total SPAC deal count for 2019 year-to-date is now 58 with $13.3 billion in gross proceeds raised. The offering is expected to close on Tuesday, December 17, 2019.
Congratulations to all.
Cantor Fitzgerald & Co. Inc., acted as sole book-running manager for the offering. Ellenoff Grossman & Schole LLP and Loeb & Loeb LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively.