Alpha Healthcare Acquisition (AHACU) priced its initial public offering of 10M units at $10/unit; each unit consists of one share of Class A common stock and one-half of one redeemable warrant.
Each whole warrant entitles the holder to purchase one share of Class A common stock at $11.50/share.
Underwriters granted 45-day option to purchase additional 1.5M units to cover over-allotments.
Units will be listed Nasdaq; to commence trading Friday.
It is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, focusing on U.S. healthcare industry.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.