Hudson Executive Investment Corp. (HECCU) Prices Upsized $360M IPO

Hudson Executive Investment Corp. (HECCU), announced the pricing of their upsized $360 million SPAC IPO this morning and the units are expected to begin trading today, Tuesday, June 9th, under the symbol Nasdaq: HECCU.

Hudson Executive Investment Corp. intends to pursue companies in the fintech or healthcare sectors and will be led by CEO Douglas Bergeron, a Managing Partner of HEC and former CEO of Verifone, and Chairman Douglas Braunstein, founder and Managing Partner of HEC and former CFO of J.P. Morgan.

Total SPAC deal count for 2020 year-to-date is now 31 with $9.84 billion in gross proceeds raised. The offering is anticipated to close on Thursday, June 11, 2020.

Citigroup Global Markets Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. SVB Leerink acted as co-manager. Winston & Strawn LLP and Kirkland & Ellis LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.