EQ Health Acquisition today priced its IPO of 19.1 million units at a price of $10 per unit to raise $191 million. The SPAC initially planned a $160 million raise.
The SPAC intends to focus on identifying, acquiring and building an undervalued, growth-oriented company in the healthcare services sector.
Austin, Texas-based EQ Health is led by Executive Chairman Lewis Little Jr., former CEO of Covenant Physician Partners in Nashville.
Units begin trading today on the NYSE under EQHA.U. Read more.
