Healthwell Acquisition Corp I - HWELW STOCK NEWS

Welcome to our dedicated page for Healthwell Acquisition I news (Ticker: HWELW), a resource for investors and traders seeking the latest updates and insights on Healthwell Acquisition I stock.

Healthwell Acquisition Corp. I (HWELW) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company aims to focus on the healthcare industry, specifically healthcare services and healthcare technology sectors. Healthwell Acquisition Corp. I went public in February 2021, offering 25,000,000 units at $10 per unit. Each unit consists of one share of common stock and one-half of one redeemable warrant. The company is led by CEO Gregory S. Leib, CFO Marc Benathen, and CIO Bruce M. Gans.

11/17/2023 09:29 PM

News

Healthwell Acquisition Corp. I Announces Cancellation of Special Stockholder Meeting and its Intention to Liquidate

Rhea-AI Summary

Healthwell Acquisition Corp. I (Nasdaq: HWEL) has canceled its special meeting of stockholders, withdrawn proposals, and decided to liquidate, redeeming shares of its Class A common stock at an estimated price of $10.50 per share. The company's sponsor has waived its redemption rights, and there will be no redemption rights or liquidating distributions for warrants.

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Healthwell Acquisition Corp. I Announces Termination of Business Combination with Starton Therapeutics, Inc.

Rhea-AI Summary

Healthwell Acquisition Corp. I (Nasdaq: HWEL) announced the termination of its Business Combination Agreement with Starton Therapeutics, Inc. The closing conditions were not met by the outside date of November 3, 2023, and Healthwell will now pursue an alternative business combination.

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FAQ

What is Healthwell Acquisition Corp. I (HWELW)?

Healthwell Acquisition Corp. I is a blank check company focused on merging with businesses in the healthcare industry.

When did Healthwell Acquisition Corp. I go public?

Healthwell Acquisition Corp. I went public in February 2021.

Who are the key executives of Healthwell Acquisition Corp. I?

The company is led by CEO Gregory S. Leib, CFO Marc Benathen, and CIO Bruce M. Gans.

What sectors does Healthwell Acquisition Corp. I target in the healthcare industry?

Healthwell Acquisition Corp. I focuses on healthcare services and healthcare technology sectors.

What was the offering of Healthwell Acquisition Corp. I at the time of going public?

The company offered 25,000,000 units at $10 per unit, with each unit consisting of one share of common stock and one-half of one redeemable warrant.

Healthwell Acquisition Corp I

Nasdaq:HWELW

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