Foresight Acquisition today closed its IPO of 31.625 million units, which included the full exercise of the underwriters’ over-allotment option. The offering was priced at $10 per unit. Each consists of one share of Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at $11.50.
Units list on the Nasdaq 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. Read more.
