MedTech Completes $250M IPO With $7.4M PIPE

MedTech Acquisition in its latest filing said it closed its IPO of 25 million units, including 3 million units upon a partial exercise of the underwriters’ over-allotment option.

With units priced at $10 each, the IPO generated $250 million.

Simultaneously with the closing of the IPO, the SPAC completed a private sale of 4.93 million warrants to MedTech Acquisition Sponsor, generating $7.4 million.

MedTech is focused on the US medical technology and healthcare sectors. Read more.

Total
0
Shares
Related Posts
Read More

Fat Projects Acquisition Files for $100M IPO

The new SPAC in the filing said, "we intend to focus our search on a target with operations or prospective operations that is technology-led in the areas of supply chain, transportation, logistics, finance, sustainability/ESG, food, agriculture, e-commerce, big data and/or take advantage of the monetization opportunities stemming from a rapidly growing middle class and their evolving consumption and digital needs in Southeast Asia."