Integrated Wellness Acquisition Files for $100M IPO

IPO

Integrated Wellness Acquisition registered to offer 10 million units at $10 each. A unit consists of one Class A ordinary share and one-half of a warrant.

The SPAC will target businesses in the health, nutrition, fitness, wellness and beauty sectors.

DEO and Director Steven Schapera has been an operating partner with PE firm Capital D Management, whic is focused on investing in disruptive mid-market businesses, since 2018. 

BTIG is sole book-runner for the offering. The underwriters have the option to purchase up to 1.5 million additional units to cover over-allotments, if any.

Integrated Wellness intends to apply for a listing on the NYSE under WEL.U. Read more.

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