Digital Health Acquisition priced its IPO of 10 million units at $10 each. A unit consists of one share and a warrant. Units are expected to start trading today on the Nasdaq under DHACU.
The offering is expected to close Nov. 8. Once the securities begin separate trading, stock and warrants are expected to list under DHAC and DHACW.
Digital Health Acquisition intends to target established, technology-focused businesses positioned in the healthcare industry that have an aggregate enterprise value of $175 million to $500 million.
Alliance Global Partners is sole book-running manager for the offering. The underwriters may choose to purchase up to 1.5 million additional units to cover over-allotments, if any. Read more.
