Chardan Healthcare Acquisition, a blank check company formed by Chardan to acquire a healthcare business, raised $70 million by offering 7.0 million units at $10. Each unit consists of one share of common stock and one warrant to purchase one half of one share of common stock at $11.50.
Chardan Healthcare Acquisition plans to list on the NYSE American under the symbol CHACU. Chardan Capital Markets acted as a lead manager on the deal.
