Health Sciences Acquisitions Co. 2 (NASDAQ:HSAQ) Shares Up 2.2% – Here’s What Happened

Shares of Health Sciences Acquisitions Co. 2 (NASDAQ:HSAQ) traded up 2.2% during mid-day trading on Wednesday . The stock traded as high as $4.15 and last traded at $4.12. 111,759 shares traded hands during trading, a decline of 46% from the average session volume of 205,918 shares. The stock had previously closed at $4.03.

Health Sciences Acquisitions Co. 2 Trading Up 2.2%

The firm has a 50-day moving average price of $4.15 and a 200 day moving average price of $3.69.

Health Sciences Acquisitions Co. 2 Company Profile

Health Sciences Acquisitions Co 2 is a Delaware‐incorporated special purpose acquisition company (SPAC) established to pursue a business combination with a company in the health sciences sector. Listed on the Nasdaq under the ticker HSAQ, the firm completed an initial public offering in early 2021, raising capital through the sale of units comprised of common stock and warrants.

As a blank‐check vehicle, Health Sciences Acquisitions Co 2 does not engage in commercial operations; rather, it focuses exclusively on identifying and combining with a private company operating in biotechnology, pharmaceuticals, medical devices or related life sciences fields.