Population Health Investment Co., Inc.
PHICW
NASDAQ Capital Market0.00
USD
+0.00
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Population Health Investment Co., Inc.
PHICW
(NASDAQ Capital Market)
Recent
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0.00
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Population Health Investment Co., Inc. (PHICW) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses; it targets companies in the healthcare industry, particularly the therapeutics sector, in the United States and other developed countries. Incorporated in 2020 and headquartered at One World Financial Center in New York, New York, the company has conducted no substantive operations and generated no revenues to date. PHIC raised $172.5 million in its initial public offering in November 2020, with proceeds placed in trust, but failed to identify or complete a business combination within the standard 24-month period. In November 2022, Population Health Investment elected to redeem all public shares and liquidate its trust account at $10.09 per share, retaining approximately $100,000 for dissolution expenses, after which its Class A ordinary shares ceased trading; warrants (PHICW) continue to trade nominally with no current value or activity. The company maintains a lean structure led by CEO Clive Meanwell, with no employees or ongoing segments beyond its dissolved SPAC status.