DTRT Health Acquisition closed its IPO of 23 million units at $10 each, including 3 million units purchased by the underwriters exercising their over-allotment option in full.
Units list on the Nasdaq under DTRTU. Each consists of one share and one-half of one redeemable warrant with whole warrants exercisable to purchase a share at $11.50. Once the securities begin separate trading stock and warrants are expected to list under DTRT and DTRTW.
The SPAC intends to focus its search on the healthcare industry, specifically home and community based healthcare services.
Cantor is sole book-runner, and Odeon Capital is acting as lead manager for the offering. Read more.
