NEW YORK, May 9, 2019 /PRNewswire/ -- Health Sciences
Acquisitions Corporation (NASDAQ: HSACU, the "Company") announced
today that it priced its initial public offering of 10,000,000
units at $10.00 per unit. The sponsor
of the Company is Health Sciences Holdings, LLC, an affiliate of
RTW Investments, LP. The units are expected to be listed on The
NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol
"HSACU" beginning tomorrow, May 10,
2019. Each unit consists of one share of common stock and
one warrant to purchase one-half of one share of common stock. Once
the securities comprising the units begin separate trading, the
common stock and warrants are expected to be listed on NASDAQ under
the symbols "HSAC" and "HSACW," respectively.
In addition, the underwriters have fully exercised the
over-allotment option to purchase an additional 1,500,000 units
offered by the Company to cover over-allotments.
The offering is expected to close on May
14, 2019, subject to customary closing conditions.
Chardan and UBS Investment Bank are serving as joint book
running managers in the offering.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
May 9, 2019. The offering is being
made only by means of a prospectus, copies of which may be obtained
by contacting Chardan Capital Markets LLC, 17 State Street, 21st
floor, New York, New York 10004.
Copies of the registration statement can be accessed through the
SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Health Sciences Acquisitions Corporation
Health Sciences Acquisitions Corporation is a blank check
company formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses. Health
Sciences Acquisitions Corporation anticipates targeting companies
domiciled in North America or
Europe that are developing assets
in the biopharma and medical technology sectors, which aligns with
our management team's experience in healthcare investing and drug
development.
Forward Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering, are subject to risks and uncertainties,
which could cause actual results to differ from the forward-looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Contact:
|
Stephanie A.
Sirota
|
|
Vice President of
Corporate Strategy and Corporate Communications of Health
Sciences
|
|
Acquisitions
Corporation
|
|
hsac@rtwfunds.com
|
View original
content:http://www.prnewswire.com/news-releases/health-sciences-acquisitions-corporation-announces-pricing-of-100-million-initial-public-offering-300847820.html
SOURCE Health Sciences Acquisitions Corporation