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SOC Telemed (Healthcare Merger Corp.) Priced, Nasdaq: TLMD.X

Blank check company led by Steven Shulman targeting the healthcare industry (completed 10/30/2020).

Industry: SPAC

First Day Return: +3.0%

Industry: SPAC

We are a blank check company incorporated as a Delaware corporation and 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. While our efforts to identify a target business may span many industries, we intend to focus our search for prospects within the healthcare industry. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We intend to effectuate our initial business combination using cash from the proceeds of this offering and the private placement of the placement units, the proceeds of the sale of our shares in connection with our initial business combination (pursuant to backstop agreements we may enter into following the consummation of this offering or otherwise), shares issued to the owners of the target, debt issued to bank or other lenders or the owners of the target, or a combination of the foregoing.
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SOC Telemed (Healthcare Merger Corp.) (TLMD.X) Performance