- Therapeutics SPAC, Population Health Investment (PHICU) has priced its initial public offering of 15M units at $10/unit.
- Trading commences today on Nasdaq.
- Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, to purchase one Class A ordinary share at $11.50.
- Underwriters' over-allotment is an additional 2.25M units.
- Offering is expected to close on November 20.
- Population Health Investment to focus on companies or divisions of companies in the healthcare industry, and in particular the therapeutics sector, in the United States and other developed countries.
- https://seekingalpha.com/news/3637466-population-health-prices-150m-ipo-trades-today
Wednesday, November 18, 2020
Population Health prices $150M IPO, trades today
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