Golden Arrow Merger priced its IPO of 25 million units at $10 each.
Units begin trading today on the Nasdaq under GAMCU. Each consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant. Whole warrants are exercisable at $11.50 for a share. Once the securities comprising the units begin separate trading, shares and warrants are expected to list under GAMC and GAMCW, respectively.
The offering is expected to close March 19.
The new SPAC is focused on healthcare or healthcare-related infrastructure industries in the United States and other developed countries. Read more.
