Northview Acquisition Trims Deal Size 17% Ahead of $150M IPO

IPO

Northview Acquisition in an amended S-1 registration disclosed it now plans to offer 15 million units, at $10 each, down from 18 million initially planned when the offering was filed in June.

A unit still consists of one share of common stock and one-half of a warrant, but has now been sweetened with a right good for one-teneth of a share.

I-Bankers Securities is sole book-running manager for the offering. Dawson James is co-manager.

The SPAC expects to target small-cap healthcare companies that are developing assets in the biopharmaceutical, medical technology/medical device and diagnostics space.

Northview is led by Co-Founder, Director and CEO Jack Stover, who was previously president and CEO of Interpace Biosciences.

The SPAC intends to apply for a Nasdaq listing under ticker symbol NVACU. Read more.

Total
0
Shares
Related Posts
Read More

Blue World Acquisition Registers for $80M IPO

Blue World will pursue an acquisition primarily in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions and related industry segments.