Medicus Sciences Acquisition today priced its IPO of 8 million units at $10 per unit. Each consists of one Class A ordinary share, one-ninth of one redeemable warrant, and a contingent right to receive, in certain circumstances, at least two-ninths of one redeemable warrant following an initial business combination.
Units begin trading today on the Nasdaq under MSAC.U. The offering is expected to close Feb. 18.
Medicus will focus on the healthcare industry, particularly the medical technology sector, both in the United States and internationally. Read more.
