Florida-based Big Cypress Acquisition filed for a $75 million IPO to target companies in the life sciences sector.
Big Cypress in the filing noted that life sciences-focused SPACS represent less than 10 percent of blank-check companies, while of the $9.9 billion raised in the SPAC IPO market this year only $170 million is focused on the life science sector as of June 30.
Big Cypress intends to list on the Nasdaq under BCYPU. Read more.
