MSD Acquisition closed its IPO of 57.5 million units at $10 each, including 7.5 million units issued pursuant to the underwriters’ full exercise of their over-allotment option
The company’s units trade on the Nasdaq under MSDAU. Each consists of one Class A ordinary share 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.
MSD Acquisition plans to target growth-oriented sectors, including technology and media. Read more.
