Full Press Release Details
Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering
MA - Oct 19, 2020 - Helix Acquisition Corp. (the "Company") announced today that it priced its initial
public offering of 10,000,000 Class A ordinary shares at $10.00 per share. The shares will be listed on The Nasdaq Capital Market
and trade under the ticker symbol "HLXA" beginning October 20, 2020. The Company expects the offering to be consummated
on October 22, 2020.
Company is a special purpose acquisition company formed for the purpose of effecting a business combination with one or more businesses
in the biotechnology sector. While the Company may pursue an initial business combination target in any business or industry,
it intends to focus on opportunities in healthcare or healthcare related industries. The Company, sponsored by Helix Holdings
LLC, an affiliate of Cormorant Asset Management, is led by Bihua Chen as Chief Executive Officer and Chairman, and Jay Scollins
as Chief Financial Officer.
LLC is serving as the sole book runner for the offering. The Company has granted the underwriter a 45-day option to purchase up
to an additional 1,500,000 Class A ordinary shares at the initial public offering price to cover over-allotments, if any.
offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Jefferies
LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10002, by telephone: 877-821-7388
or by email: Prospectus_Department@Jefferies.com.
statements relating to these securities became effective on October 19, 2020. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction.
press release contains statements that constitute "forward-looking statements," including with respect to the initial
public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will
be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking
statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth
in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering
filed with the Securities and Exchange Commission (the "SEC"). Copies are available on the SEC's website, www.sec.gov.
The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except
Scollins (857) 702-0370