Item 8.01 Other Events.

Closings of IPO and Private Placement and Audited Balance Sheet

On December 28, 2020, Healthcare Services Acquisition Corporation (the "Company") completed (i) its initial public offering (the "IPO") of 33,120,000 units (the "Units"), including 4,320,000 Units sold pursuant to the full exercise of the underwriter's option to purchase additional Units to cover overallotments, at an offering price of $10.00 per Unit and (ii) a private placement of 8,624,000 warrants with Healthcare Services Acquisition Holdings, LLC and certain funds and accounts managed by BlackRock, Inc. at a price of $1.00 per warrant (the "Private Placement"). The net proceeds from the IPO, together with certain of the proceeds from the Private Placement, totaling $331,200,000 in the aggregate (the "Trust Account Proceeds"), were placed in a trust account with Continental Stock Transfer & Trust Company established for the benefit of the Company's public stockholders and the underwriter of the IPO. Except for the withdrawal of interest earned on the Trust Account Proceeds in the trust account to fund the Company's franchise and income taxes, or upon the redemption by public stockholders of Class A common stock in connection with certain amendments to the Company's amended and restated certificate of incorporation, none of the funds held in the trust account will be released until the completion of the Company's initial business combination or the redemption by the Company of 100% of the outstanding shares of Class A common stock issued by the Company in the IPO if the Company does not consummate an initial business combination within 24 months after the closing of the IPO.

An audited balance sheet as of December 28, 2020, reflecting receipt of the Trust Account Proceeds has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.

Separate Trading of Units, Class A Common Stock and Warrants

On January 4, 2021, the Company announced that the holders of Units may elect to separately trade the shares of Class A common stock, par value $0.0001 per share (the "Class A common stock"), and redeemable warrants included in the Units commencing on January 5, 2021. Each Unit consists of one share of Class A common stock and one-half of one redeemable warrant to purchase one share of Class A common stock. Any Units not separated will continue to trade on The Nasdaq Capital Market ("Nasdaq") under the symbol "HCARU." Any underlying shares of Class A common stock and redeemable warrants that are separated will trade on Nasdaq under the symbols "HCAR" and "HCARW," respectively. No fractional warrants will be issued upon separation of the Units and only whole warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the holder's Units into shares of Class A common stock and redeemable warrants.

A copy of the press release issued by the Company announcing the separate trading of the securities underlying the Units is attached hereto as Exhibit 99.2.

Item 9.01 Financial Statements and Exhibits.




(d)      Exhibits.
  99.1     Audited Balance Sheet
  99.2     Press Release, dated January 4, 2021

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