AfterNext HealthTech Acquisition in an amended S-1 filing today said it would offer 25 million units at $10 each, down from the 30 million units originally registered earlier this month. A unit now consists of one share and one-third of a redeemable warrant. The initial registration included one-fourth of a warrant with each unit.
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 an option to purchase up to an additional 3.75 million units to cover over-allotments, if any.
The SPAC has applied to list on the NYSE under AFTR.U. Read more.
