Hudson Executive Investment III priced its IPO of 52.5 million units at $10 each, an upsize of 2.5 million more units than originally planned. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50.
The SPAC in its initial S-1 filing said it will target “technology-driven, disruptive companies with desirable growth-oriented characteristics as well as on more mature businesses with attractive cash flow characteristics and long-term, sustainable growth profiles.”
The SPAC is led by President and Chairman Douglas Braunstein, founder and managing Partner of hedge fund Hudson Executive Capital and a former CFO of JPMorgan. Read more.
