BETHESDA, Md., Jan. 4, 2021 /PRNewswire/ -- Healthcare
Services Acquisition Corporation ("the Company") announced that,
commencing January 5, 2021, holders
of the units sold in the Company's initial public offering of
33,120,000 units may elect to separately trade the shares of Class
A common stock and redeemable warrants included in the units. Those
units not separated will continue to trade on The Nasdaq Capital
Market ("Nasdaq") under the symbol "HCARU," and the shares of Class
A common stock and redeemable warrants that are separated will
trade on Nasdaq under the symbols "HCAR" and "HCARW," respectively.
No fractional warrants will be issued upon separation of the units
and only whole warrants will trade. Holders of units will need to
have their brokers contact Continental Stock Transfer & Trust
Company, the Company's transfer agent, in order to separate the
units into shares of Class A common stock and redeemable
warrants.
The units were initially offered by the Company in an
underwritten offering. B. Riley Securities, Inc. acted as sole
book-running manager. A registration statement relating to the
units and the underlying securities, as well as a related
registration statement on Form S-1MEF filed with the Securities and
Exchange Commission (the "SEC") pursuant to Rule 462(b) under the
Securities Act of 1933, as amended, became effective on
December 22, 2020.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, 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.
The offering was made only by means of a prospectus, copies of
which may be obtained for free from the SEC's website at
www.sec.gov or by contacting B. Riley Securities, Inc., at 1300
17th Street N., Suite 1400, Attn: Syndicate Prospectus Department,
Arlington, Virginia 22209, by
telephone at (800) 846-5050 or by email at
prospectuses@brileyfin.com.
About Healthcare Services Acquisition
Corporation
Healthcare Services Acquisition Corporation is a special purpose
acquisition company led by a team of investors, operators, and
leaders in the healthcare space, seeking to partner with ambitious
management who are constrained by capital availability, operational
expertise, and national-scale capabilities.
Forward-Looking Statements
This press release may include "forward-looking statements,"
including with respect to the anticipated separate trading of the
Company's Class A common stock and redeemable warrants and the
pursuit of an initial business combination. All statements other
than statements of historical fact included in this press release
are forward-looking statements. When used in this press release,
words such as "anticipate," "believe," "estimate," "expect,"
"intend" and similar expressions, as they relate to us or our
management team, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of management,
as well as assumptions made by, and information currently available
to, the Company's management. Actual results could differ
materially from those contemplated by the forward-looking
statements as a result of certain factors detailed in the Company's
filings with the SEC. All subsequent written or oral
forward-looking statements attributable to us or persons acting on
our behalf are qualified in their entirety by this paragraph.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company's registration
statement and prospectus relating to the Company's initial public
offering filed with the SEC. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this release, except as required by law.
Contact:
Jackie
Tilden
media@healthcarespac.com
(214) 914-7652
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SOURCE Healthcare Services Acquisition Corporation