MSD Acquisition priced its IPO of 50 million units at $10 each.
Units list on the Nasdaq and begin trading today under MSDAU. Each consists of one of the Company’s Class A ordinary shares and one-fifth of one redeemable warrant, with whole warrants exercisable at $11.50. Once the securities comprising the units begin separate trading, shares and warrants are expected to list under MSDA and MSDAW, respectively.
The new SPAC plans to focus on targets in high-growth sectors including technology and media. Read more.
