HSACU News

Hainan Sirius Acquisition, a blank check company targeting businesses in high growth industries, filed on Thursday with the SEC to raise up to $60 million in an initial public offering. The Sanya, China-based company plans to raise $60 million by offering 6 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the...read more

Health Sciences Acquisitions, a blank check company formed by RTW Investments to acquire a biopharma or medical technology business, raised $100 million by offering 10 million units at $10, as expected. Each unit consists of one share of common stock and one warrant to purchase one-half of one share of common stock. Health Sciences Acquisitions plans to list on the Nasdaq...read more

If 2019 is indeed the "year of Uber," then the week ahead can only be the "week of Uber." After years of IPO speculation, Uber (UBER) is expected to raise $8.5 billion at the $47 midpoint, with insiders selling $1.3 billion in the overallotment. That is below the last round of $48.77, a smart move given where Lyft (LYFT) has traded. Unlike...read more

Health Sciences Acquisitions, a blank check company targeting the biopharma and medical technology sectors, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The New York, NY-based company plans to raise $100 million by offering 10 million units at a price of $10. At $10, Health Sciences Acquisitions would command a market value of $125...read more