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Health Assurance Acquisition Corp. Receives Expected Notice From Nasdaq Regarding Delayed Quarterly Report
SAN FRANCISCO, June 04, 2021 (GLOBE NEWSWIRE) -- Health Assurance Acquisition Corp. (Nasdaq: HAACU) (the “Company”) today announced that, on May 28, 2021, it received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company failed to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) with the Securities and Exchange Commission (“SEC”). The Nasdaq notice has no immediate impact on the listing or trading of the Company's SAILSM securities, Class A common stock or warrants on Nasdaq.
Health Assurance Acquisition Corp. Announces the Separate Trading of its shares of Class A Common Stock and Warrants Commencing January 4, 2021
SAN FRANCISCO, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Health Assurance Acquisition Corp. (Nasdaq: HAACU) (the “Company”) today announced that, commencing January 4, 2021, holders of the SAILSM securities sold in the Company's initial public offering of SAILSM securities, completed on November 17, 2020, may elect to separately trade the shares of Class A common stock and warrants included in the SAILSM securities. Those SAILSM securities not separated will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “HAACU,” and the shares of Class A common stock and warrants that are separated will trade on Nasdaq under the symbols “HAAC” and “HAACW,” respectively. Holders of SAILSM securities will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the SAILSM securities into shares of Class A common stock and warrants.
U.S. IPO Weekly Recap: Postponements Abound As DoorDash Joins The IPO Pipeline
Eight SPACs went public this past week but no IPOs, as all three scheduled deals postponed or withdrew. New filing activity picked up, led by long-awaited delivery service unicorn DoorDash, and several launches indicate increased activity in the coming weeks.
Health Assurance Acquisition Corp. Announces Pricing of $500 Million Initial Public Offering
SAN FRANCISCO, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Health Assurance Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 50,000,000 SAIL℠ (Stakeholder Aligned Initial Listing) securities at a price of $10.00 per SAIL℠ security. The SAIL℠ securities will be listed on the Nasdaq Stock Market, LLC (“Nasdaq”) and will trade under the ticker symbol “HAACU” beginning November 12, 2020. Each SAIL℠ security consists of one share of Class A common stock and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the SAIL℠ securities begin separate trading, the shares of Class A common stock and redeemable warrants are expected to be listed on the Nasdaq under the symbols “HAAC” and “HAACW,” respectively. The offering is expected to close on November 17, 2020, subject to customary closing conditions.