Healthwell Acquisition Corp. I Announces the Separate Trading of Its Class A Common Stock and Warrants Commencing September 23, 2021

Author's Avatar
Sep 22, 2021

Healthwell Acquisition Corp. I (NASDAQ:HWELU) (“Healthwell” or the “Company”) announced that, commencing September 23, 2021, holders of the 25,000,000 units sold in the Company’s initial public offering may elect to separately trade the shares of Class A common stock and warrants included in the units. Any units not separated will continue to trade on The Nasdaq Capital Market (the “Nasdaq”) under the symbol “HWELU,” and the separated shares of Class A common stock and warrants are expected to trade on the Nasdaq under the symbols “HWEL” and “HWELW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders 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.