Ahren Acquisition priced its initial public offering of 27.5 million units at $10 each, an increase of 2.5 million more units than expected. Each consists of one Class A ordinary share and one-half of a warrant.
The offering is expected to close Friday.
The SPAC will initially focus on high growth, domain leading companies fueled by breakthrough deep technology and/or deep science. Ahren’s four areas of interest are Planet & Efficient Energy; Brain & Artificial Intelligence; Genetics & Platform Technologies; and Space, Robotics & Physics.
The company’s sponsor is AACS, an affiliate of investment fund Ahren. The fund was founded in 2017 by technology and disruptive healthcare investor and founding & general partner Alice Newcombe-Ellis, who is CEO of the SPAC.
Citigroup Global Markets is the underwriter for the offering. Read more.
