DHB Capital priced its IPO of 25 million units, at $10 each.
Units begin trading today on the Nasdaq under DHBCU. 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 a share of Class A common stock at $11.50. Once the securities comprising the units begin separate trading, shares and redeemable warrants are expected to list under DHBC and DHBCW, respectively.
DHB intends to concentrate on businesses in the financial and business services industry, with a focus on differentiated financial services and financial services-adjacent platforms. Read more.