Healthcare Capital Acquisition (HCAC) Stock Price, News & Analysis

Company Overview

Healthcare Capital Acquisition (NASDAQ: HCAC) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public listing and pursue one or more business combinations. As a SPAC, Healthcare Capital Acquisition does not operate commercial businesses of its own; instead it holds funds in trust while identifying and negotiating a merger, acquisition or other business combination with an operating company, with a stated focus on opportunities in the healthcare sector.

The firm’s primary activities include sourcing and evaluating potential targets in healthcare and life sciences, structuring transactions, and completing a business combination that would result in the target becoming a publicly listed company. Typical target areas for healthcare‑focused SPACs include biopharmaceuticals, medical device and diagnostics companies, healthcare services and technology platforms. Until a transaction is completed, the company’s principal “product” is access to capital and a public listing that can be used to facilitate growth or liquidity for private healthcare businesses.

Public filings and offering documents provide the most reliable detail about the company’s sponsors, board and executive team, transaction criteria and timelines; interested investors should review those materials for up‑to‑date information. Like other SPACs, Healthcare Capital Acquisition operates under a finite period to complete a business combination and may pursue targets in the U.S. and internationally depending on strategic fit. Because the company’s activities are transaction‑oriented, the nature of its operations and the markets it serves will be defined largely by the business it ultimately combines with.

Key Stats

• Today's Range: $10.00 to $10.02
• 50-Day Range: $9.92 to $10.02
• 52-Week Range: $9.91 to $10.06
• Volume: 154,231 shs
• Average Volume: 113,523 shs
• Market Capitalization: $373.63 million
• P/E Ratio: 200.30
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: N/A
• Current Symbol: NASDAQ:HCAC
• CIK: 2079013
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 200.30
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 37,307,000
• Free Float: N/A
• Market Cap: $373.63 million
• Optionable: N/A
• Beta: 0.41