Jackson Acquisition priced its IPO of 20 million units at $10 each. Units list on the NYSE and will trade under ticker symbol RJAC.U starting today. Each unit consists of one share and one-half of a warrant.
The offering is expected to close Dec. 13.
The SPAC is led by Chairman Jeb Bush and President and CEO Richard Jackson, targeting businesses with a focus on healthcare services, healthcare technology, or otherwise focused on the healthcare industry.
BofA Securities is sole book-running manager and underwriter for the offering. Read more.