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Sharecare Founder, Chairman and CEO Jeff Arnold joins David Faber on CNBC’s “Squawk on the Street” to discuss its announcement to go public with Falcon Capital Acquisition Corp.
Upon closing of the transaction, the new company will become Sharecare, Inc. and be listed on NASDAQ under the ticker symbol SHCR; and is expected to have an initial enterprise value of $3.9 billion with approximately $400 million in growth capital on the balance sheet to drive sustained growth, sales force expansion, new digital offerings, and M&A including the completion of the recently announced doc.ai acquisition.
Falcon Capital Acquisition Corp. announced today that holders of the units sold in the Company’s initial public offering of 34,500,000 units completed on September 24, 2020 may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about November 12, 2020.
Falcon Capital Acquisition Corp. announced today that it closed its initial public offering of 34,500,000 units at a price of $10.00 per unit, including 4,500,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full.
Falcon Capital Acquisition Corp. announced today the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units are expected to be listed on Nasdaq and trade under the ticker symbol “FCACU” beginning on September 22, 2020.