After a busy July, the IPO market began to pump the brakes this past week with four IPOs and four postponements. SPAC activity remained steady with seven blank check IPOs. New filers trickled into the IPO pipeline, with only one IPO and six SPACs submitting initial filings. Four companies postponed: biopharmaceutical royalty company ...read more
Healthwell Acquisition I, a blank check company targeting technology-enabled healthcare businesses, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. Certain anchor investors had indicated on an aggregate 99% of units in the offering. The company may raise an additional...read more
Healthwell Acquisition I, a blank check company targeting technology-enabled healthcare businesses, filed on Tuesday with the SEC to raise up to $250 million in an initial public offering. The Winnetka, IL-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-sixth of a warrant, exercisable at...read more
US IPO Weekly Recap: Postponements abound in a 4 IPO week
After a busy July, the IPO market began to pump the brakes this past week with four IPOs and four postponements. SPAC activity remained steady with seven blank check IPOs. New filers trickled into the IPO pipeline, with only one IPO and six SPACs submitting initial filings. Four companies postponed: biopharmaceutical royalty company ...read more
SPAC Healthwell Acquisition I prices $250 million IPO, targeting tech-enabled healthcare
Healthwell Acquisition I, a blank check company targeting technology-enabled healthcare businesses, raised $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. Certain anchor investors had indicated on an aggregate 99% of units in the offering. The company may raise an additional...read more
SPAC Healthwell Acquisition I files for a $250 million IPO, targeting tech-enabled healthcare
Healthwell Acquisition I, a blank check company targeting technology-enabled healthcare businesses, filed on Tuesday with the SEC to raise up to $250 million in an initial public offering. The Winnetka, IL-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-sixth of a warrant, exercisable at...read more