Chardan Healthcare Acquisition 2 Corp. Closes $85 Million IPO

Chardan Healthcare Acquisition 2 Corp. announced that it closed its initial public offering of 8,500,000 units at $10.00 per unit. The underwriters have been granted a 45-day option to purchase up to an additional 1,275,000 units offered by the Company to cover over-allotments, if any. Chardan acted as sole book running manager in the offering.

The units began trading on the NYSE American under the ticker symbol "CHAQ.U" beginning April 24, 2020. Each unit consists of one share of common stock and one warrant to purchase one-half of one share of . . .