Rose Hill Acquisition priced its IPO of 12.5 million units at $10 each.
Units begin trading today on the Nasdaq under ROSEU. Each consists of one Class A ordinary share and one-half of a warrant. Once the securities start trading separately, shares and warrants are expected to list under ROSE and ROSEW.
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 for the offering. The underwriters have an option to purchase up to an additional 1.875 million units to cover any over-allotments. Read more.
