Healthcare Capital Corp - Ordinary Shares - Class A

NASDAQ:HCCC   12:20:07 PM EDT
9.81
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Exchange Changes, Mergers / Acquisitions, Equity Financing / Related

Alpha Tau And Healthcare Capital Corp. To Combine And Create A Publicly Traded Company

Published: 07/08/2021 11:46 GMT
Healthcare Capital Corp - Ordinary Shares - Class A (HCCC) - Alpha Tau and Healthcare Capital Corp.
to Combine and Create a Publicly Traded Company Focused on Transforming the Treatment of Solid Tumors Through the Precision Delivery of Alpha Radiation.
Healthcare Capital Corp - Transaction Represents an Implied Pro Forma Equity Value of Approximately $1 Billion.
Healthcare Capital Corp - Transaction is Expected to Provide Up to $367 Million in Gross Proceeds.
Healthcare Capital Corp - Upon Closing of Business Combination, Alpha Tau is Expected to Be Listed on Nasdaq.
Healthcare Capital Corp - $92 Million Fully-committed Pipe is Anchored by a Combination of Healthcare-focused Financial and Strategic Investors.
Healthcare Capital Corp - Alpha Tau Will Continue to Be Led by Its Current Management Team.
Healthcare Capital Corp - All Alpha Tau Shareholders Will Retain 100% of Their Equity Holdings in Public Company.
Healthcare Capital Corp - Upon Closing, It is Expected That Hcc Chairman Dr.
David M. Milch Will Be Appointed to Alpha Tau Board of Directors.
Healthcare Capital Corp - Alpha Tau Will Continue to Be Led by Its Current Management Team, and Upon Closing.
Healthcare Capital Corp - Business Combination Values Alpha Tau at an Implied Pre-money Equity Value of $600 Million.