Health Sciences Acquisitions’ (OTCMKTS:HSACU) quiet period will expire on Wednesday, June 19th. Health Sciences Acquisitions had issued 10,000,000 shares in its public offering on May 10th. The total size of the offering was $100,000,000 based on an initial share price of $10.00. During Health Sciences Acquisitions’ quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Shares of HSACU opened at $10.60 on Friday. Health Sciences Acquisitions has a 1-year low of $10.19 and a 1-year high of $10.85.
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Health Sciences Acquisitions Company Profile
Health Sciences Acquisitions Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the healthcare and healthcare-related industries in North America or Europe.
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