Isleworth Healthcare Acquisition Files for $150M IPO

Isleworth Healthcare Acquisition filed with the SEC to raise $150 million in an IPO by offering 15 million units at $10 each.

The new SPAC plans to target companies in North America, Europe and Asia that are developing assets in the biopharmaceutical and, medical technology/medical device space.

Isleworth is led by Chairman Allen Weiss, a former president of Walt Disney World and who from 2003 to 2011 served as president of World Wide Operations for Disney’s Parks and Resorts business. 

The SPAC expects to list on the Nasdaq but has not selected a symbol. Read more.

Total
0
Shares
Related Posts
Read More

KINS Technology Group Shareholders Approve Inpixon Deal

Redemptions ahead of Kins extension votes over the last nine months erased almost 97% of the SPAC's cash in trust. Following that, because the sponsor’s 6.15 million Founder Shares represented approximately 84.39% of the total voting power of the SPAC going into the vote, the merger was expected to win approval.