Priveterra Acquisition today closed its IPO of 27.6 million units priced at $10 per unit.
Units trade on the Nasdaq under PMGMU. Each consists of one share of Class A common stock and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at $11.50. Once the securities comprising the units begin separate trading, shares and warrants will list under PMGM and PMGMW, respectively.
Priveterra intends to focus on the medical technology sector. Read more.
