Foresight Acquisition priced its IPO of 27.5 million units at $10 per unit. Each consists of one share of Class A common stock and one-third of one redeemable warrant. A whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50.
Units begin trading on the Nasdaq today under FOREU. Once the securities comprising the units begin separate trading, stock and warrants will list under FORE and FOREWS, respectively.
The SPAC is focused on the technology-enabled consumer and consumer healthcare industries. Chairman Greg Wasson is a former CEO of Walgreens.
The offering is expected to close Feb. 12. Read more.
