Compute Health Acquisition, a new SPAC formed by Intel Chairman Omar Ishrak, filed today with the SEC to raise $750 million in an IPO by offering 75 million units at $10 each.
The SPAC will focus on acquiring a company at the intersection of computation and healthcare, according to the filing. Ishrak previously ran medical device giant Medtronic.
Ishrak leads the SPAC as chairman. Hedge fund manager Joshua Fink, who is the son of BlackRock’s Larry Fink, and Medtronic executive Jean Nehmé are co-CEOs.
The SPAC plans to list on the NYSE under CPUH.U. Read more.
