Hudson Executive Investment Corp. II Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on or about March 18, 2021

Rhea-AI Summary

Hudson Executive Investment Corp. II announced the upcoming separation of its Class A common stock and warrants from the units sold in its IPO of 25,000,000 units, completed on January 28, 2021. The separation will begin on March 18, 2021. Units will continue trading under the symbol HCIIU, while the Class A common stock and warrants will trade separately under the symbols HCII and HCIIW. The company is focused on pursuing a merger or acquisition in technology-driven sectors.

Positive

• The separation of shares is a step towards more flexible trading options for investors.
• The company has raised substantial capital from prior public offerings, indicating investor confidence.

Negative

• None.

NEW YORK, March 16, 2021 /PRNewswire/ -- Hudson Executive Investment Corp. II (the "Company") announced today that holders of the units sold in the Company's initial public offering of 25,000,000 units completed on January 28, 2021 (the "offering") may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about March 18, 2021. Any units not separated will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the symbol "HCIIU", and each of the shares of Class A common stock and warrants will separately trade on Nasdaq under the symbols "HCII" and "HCIIW," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into shares of Class A common stock and warrants.

About Hudson Executive Investment Corp. II

Hudson Executive Investment Corp. II is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company was co-sponsored by Hudson Executive Capital LP, a value-oriented, event-driven investment firm with a focus on small and mid-cap companies, Douglas L. Braunstein, its founder and managing partner, and Douglas G. Bergeron, its managing partner. While the Company may pursue an initial business combination in any industry, sector or geographic region that complements the experience of its management team, it intends to initially focus its search on technology-driven, disruptive companies.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on January 25, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Hudson Executive Investment Corp., the first SPAC managed by Mr. Braunstein and Mr. Bergeron, went public and raised $414 million in June 2020 and in January 2021 announced a combination with digital and virtual behavioral healthcare company Talkspace. Hudson Executive Investment Corp. III, the third SPAC managed by Mr. Braunstein and Mr. Bergeron, went public and raised $600 million in February 2021.

The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at 800-831-9146; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 866-803-9204, email: prospectuseq_fi@jpmchase.com; and Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: (888) 603-5847, email: barclaysprospectus@broadridge.com.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements," including with respect to the Company's search for an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact
Hatcher Snead
IR@hudsonexecutive.com
212-521-8495 

Media Contact
Gladstone Place Partners
Steven Lipin/Max Dutcher
212-230-5930 

View original content to download multimedia:http://www.prnewswire.com/news-releases/hudson-executive-investment-corp-ii-announces-the-separate-trading-of-its-class-a-common-stock-and-warrants-commencing-on-or-about-march-18-2021-301248708.html

SOURCE Hudson Executive Investment Corp. II

FAQ

What is the significance of the unit separation for HCIIU?

The separation allows holders to trade Class A common stock and warrants separately, enhancing liquidity.

When will the Class A common stock and warrants for HCIIU start trading separately?

They will begin trading separately on or about March 18, 2021.

What are the symbols for the Class A common stock and warrants after the separation?

Class A common stock will trade under the symbol HCII, and warrants will trade under HCIIW.

What was the total capital raised by Hudson Executive Investment Corp. II in its IPO?

The company completed its IPO by selling 25,000,000 units.

What is the focus of Hudson Executive Investment Corp. II's business strategy?

The company aims to pursue mergers and acquisitions, particularly in technology-driven sectors.