RTW Investments' SPAC Health Sciences Acquisitions prices IPO at $10

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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 under the symbol HSACU. Chardan Capital Markets and UBS Investment Bank acted as lead managers on the deal.

The article RTW Investments' SPAC Health Sciences Acquisitions prices IPO at $10 originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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