Rose Hill Acquisition registered today to offer 12.5 million units at $10 each. A unit consists of one share and one-half of one redeemable warrant.
The new SPAC is targeting companies in Latin America.
Rose Hill is led by CEO and Director Udi Margulies, whose 27 years of investment banking and mergers and acquisitions experience covers all of the key Latin American markets, including Mexico, Brazil, Colombia, Chile, Peru, and Argentina. He currently is a managing director at The Palladium Group.
Cantor is sole book-running manager. The underwriters have an over-allotment option to purchase up to 1,.875 million additional units.
The SPAC intends to apply for a Nasdaq listing under ROSEU. Read more.
