Alpha Capital closed its $230 million IPO on the Nasdaq, trading under ASPCU.
The SPAC will use the funds to seek a business combination with a Latin American-focused technology company. Alpha priced the offer last week. Read more.
The SPAC has lost just over 95% of its shares to redemptions on extensions since its $170 million IPO in July 2021. Formerly Mercury Ecommerce Acquisition, the SPAC was renamed in January 2023.
Longevity is focused on advancing new technologies across therapeutics, health monitoring and digital health solutions “to increase human health span.” Denali shareholders approved the acquisition five months ago.