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USHG Acquisition Corp. announced the commencement of separate trading for its Class A common stock and warrants starting April 19, 2021. The shares will trade on NYSE under the tickers HUGS for Class A common stock and HUGSW for warrants, while units that are not separated will continue to trade under HUGSU. This decision is part of the Company’s ongoing efforts to enhance liquidity for its investors. Goldman Sachs & Co. LLC and Piper Sandler & Co. served as joint book-running managers during the initial public offering.
USHG Acquisition Corp. has priced its initial public offering (IPO) of 25,000,000 units at $10.00 each, expected to trade under the ticker 'HUGSU' starting February 25, 2021. Each unit consists of one Class A common stock share and one-third of a redeemable warrant. The offering closes on March 1, 2021, subject to customary conditions. Goldman Sachs and Piper Sandler are joint book-running managers. The Company may offer an additional 3,750,000 units for over-allotments. USHG focuses on mergers and acquisitions within culture-driven businesses.