Roth CH Acquisition V filed with the SEC to offer 10 million units at $10 each. A unit consists of one share and one-third of a warrant.
Roth V expects to focus on the business services, consumer, healthcare, technology, wellness or sustainability sectors.
The SPAC is led by Chairman and Co-CEO Byron Roth, who has been chairman and CEO of Roth since 1998. Under his management the firm has helped raise over $75 billion for small-cap companies. Co-CEO John Lipman is a partner and managing director of investment banking at Craig-Hallum.
Roth Capital Partners and Craig-Hallum Capital Group are lead book-running managing underwriters. They have an option to purchase up to an additional 1.5 million units.
The SPAC said it will apply for a Nasdaq listing under ROCLU. Read more.
