PepperLime Health Acquisition priced its IPO of 15 million units at $10 each.
Units are expected to begin trading today on the Nasdaq under PEPLU. Each consists of one Class A ordinary share and one-half of a warrant. Once the securities begin separate trading, shares and warrants are expected to list under PEPL and PEPLW.
The offering is expected to close Oct. 19.
The underwriters have an over-allotment option to purchase up to an additional 2.25 million units.
The SPAC intends to target companies at the intersection of technology and consumer health and wellness.
Oppenheimer is sole underwriter for the offering. Read more.
