AfterNext HealthTech Acquisition registered to offer 30 million units. A unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. A whole warrant is exercisable for a share at $11.50.
The new SPAC is focused on the HealthTech sector.
AfterNext is led by CEO and Chairman R. Halsey Wise, who is also chairman and CEO of Lime Barrel Advisors, a private investment firm he founded in 2010.
Goldman Sachs, Deutsche Bank Securities and BofA Securities are joint book-running managers of the offering. The underwriters have a 45-day option to purchase up to an additional 4.5 million units to cover over-allotments, if any.
The SPAC said it will apply to list on the NYSE under AFTR.U. Read more.