Thrive Acquisition priced its IPO of 15 million units at $10 each. Units begin trading today on the Nasdaq under THAC.U. Each consists of one Class A ordinary share and one-half of a warrant.
The offering is expected to close Oct. 25.
The SPAC intends to focus its search on businesses within the global health and wellness industry.
BTIG is sole bookrunner for the offering. I-Bankers is co-manager. The underwriters have an option to purchase up to an additional 2.25 million units to cover over-allotments, if any. Read more.
