Healthcare SPAC MedTech Acquisition prices upsized $220M IPO, trades today

 

• MedTech Acquisition Corporation (MTACU) has priced its upsized initial public offering of 22M units (from 20M) at $10/unit.
• Trading commences today on Nasdaq Capital Market.
• Each unit consists of one share of Class A common stock and one-third of one redeemable warrant at $11.50/share.
• Underwriters' over-allotment is an additional 3.3M units.
• The company intends to focus its search on businesses primarily operating in the medical technology sector in the United States.
• https://seekingalpha.com/news/3645722-healthcare-spac-medtech-acquisition-prices-upsized-220m-ipo-trades-today