PepperLime Health Acquisition filed with the SEC to offer 15 million units at $10 each. A unit consists of one Class A ordinary share and one-half of a redeemable warrant.
The new SPAC is targeting businesses in consumer health and wellness.
Pepperlime is led by Chairman and CEO Ramzi Haidamus, who from January 2019 through November 2020 served as president and CEO of Immersion Corporation.
Oppenheimer is sole book-running manager. The underwriters have an over-allotment option to purchase up to an additional 2.25 million units.
Pepperlime intends to apply for a Nasdaq listing under PEPLU. Read more.
