Healthcare Acquisition Corp.'s Overallotment Option Exercised by Underwriters
16 Agosto 2005 - 10:05PM
Business Wire
Healthcare Acquisition Corp. (AMEX:HAQ.U) announced today that the
underwriters for its initial public offering exercised their option
to purchase 400,000 units subject to the underwriters'
over-allotment option and purchased such units on August 16, 2005.
Each unit consists of one share of common stock and one warrant.
The 9,400,000 units sold in the offering (including the 400,000
units subject to the underwriters' over-allotment option) were sold
at an offering price of $8.00 per unit, generating total gross
proceeds of $75,200,000 to the Company. Of this amount, $67,928,000
was placed in trust. Maxim Group LLC acted as lead underwriter for
the initial public offering. A copy of the prospectus may be
obtained from Maxim Group LLC, 405 Lexington Ave., New York, NY
10174.
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