Thrive Acquisition Closes $172.5M IPO

Thrive Acquisition closed its IPO of 17.25 million units at $10 each, including 2.25 million units issued to the underwriters through their over-allotment option in full.

Units list on the Nasdaq under THAC.U.

Thrive intends to focus its search on businesses within the global health and wellness industry.

BTIG was sole bookrunner for the offering. I-Bankers Securities was co-manager. Read more.

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