OCA Acquisition Prices $130M IPO

IPO

Tech and fintech SPAC OCA Acquisition priced its $130 million IPO of 13 million units at $10 each.

The SPAC in previous filings said it will target a U.S. business in the technology-enabled business services, including healthcare and education, or financial services sectors. The SPAC will target companies with an enterprise value of $750 million to $1 billion.

Olympus Capital Holdings Asia, an Asian-focused private equity firm, is the SPAC’s advisor.

Units begin trading today on the Naqsdaq under OCAXU. Read more

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