Healthwell Acquisition Corp. I (NASDAQ:HWELU) announced that starting September 23, 2021, investors can trade shares of Class A common stock and warrants separately from the units sold in its IPO. The units, consisting of 25 million shares, will continue to be listed under the symbol 'HWELU', while separated common stock and warrants will trade under 'HWEL' and 'HWELW'. Unitholders must contact Continental Stock Transfer & Trust Company to execute the separation. The offering was initially underwritten by Jefferies LLC, with a registration statement effective since August 2, 2021.
Healthwell Acquisition Corp. I (NASDAQ: HWELU) has completed its initial public offering (IPO) of 25,000,000 units, priced at $10.00 each, with Jefferies LLC serving as the sole book-running manager. The IPO also includes a 45-day option for Jefferies to purchase an additional 3,750,000 units. Trading commenced on NASDAQ under the ticker symbol HWELU on August 3, 2021. Each unit comprises one share of Class A common stock and one-half of a warrant, with warrants exercisable at $11.50 per share. Healthwell is a blank check company targeting healthcare technology and related sectors.
Healthwell Acquisition Corp. I (NASDAQ: HWELU) has priced its IPO at $10.00 per unit, offering 25 million units. Each unit consists of one Class A common stock share and one-half of a redeemable warrant at an exercise price of $11.50. Trading is expected to begin on NASDAQ. Jefferies LLC acts as the sole book-running manager and has a 45-day option to purchase an additional 3.75 million units. The offering is expected to close on August 5, 2021, subject to conditions.