Sanaby Health Acquisition I registered with the SEC to offer 15 million units at $10 each. A unit consists of one share of Class A common stock and one-half of one redeemable warrant. Whole warrants would be exercisable for a share at $11.50.
The SPAC said it will target promising opportunities in healthcare, with a specific focus on digital health, life science tools & services and innovative treatment developers.
Sanaby Health is led by CEO and Director Sandra Shpilberg, who founded founded Seeker Health®.
BTIG is sole book-running manager for the offering. The underwriters have an option to purchase up to an additional 2.25 million units to cover over-allotments, if any.
The SPAC has applied to list on the Nasdaq under SANBU. Read more.
