Spindletop Health Acquisition Closes $230M IPO

Spindletop Health Acquisition closed its IPO of 23 million units at $10 each, including 3 million units issued to the underwriters who exercised their full over-allotment option.

Units list on the Nasdaq and trade under SHCAU.

The SPAC intends to focus on identifying, acquiring and building an undervalued, growth-oriented company in the healthcare services sector.

Barclays and Stifel were joint book-running managers. Read more.

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Keyarch Acquisition Prices $100M IPO

The SPAC intends to focus its search for a target on disruptive technology and innovative services companies in developed economies such as the U.S. and Israel, and Southeast Asia, excluding China, Hong Kong and Macau.