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Healthcare Services Acquisition

Priced, Nasdaq: HCARU

Blank check company targeting healthcare services and related industries in the US (liquidated).

Industry: SPAC

First Day Return: +2.7%

We are a newly formed blank check company. While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on the industries that complement our management team’s background, and to capitalize on their demonstrated ability to identify and acquire businesses, focusing on healthcare services and related industries in the United States. We intend to partner with the management and owners of technology-enabled healthcare services companies seeking an alternative to a traditional initial public offering (IPO). Our management team will deploy a proactive sourcing strategy and focus our efforts on companies where we believe the combination of their operating experience, deal making and capital allocation prowess, professional relationships and tactical expertise can be catalysts to enhance the growth potential and value of a target business. We believe that the technology-enabled healthcare services industry presents an attractive set of opportunities to pursue a business combination. Specifically, the industry is highly fragmented and demands specialization to access attractive companies. Many of these companies exhibit attractive financial profiles and are capable of serving as platform companies.
IPO Data
IPO Date 12/22/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $288
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Bethesda, MD, United States
Founded 2020
Employees at IPO 4

Healthcare Services Acquisition (HCARU) Performance