Larkspur Health Acquisition priced its initial public offering of 7.5 million units at $10 per unit, with each unit consisting of one share of common stock and three-fourths of a warrant.
The units begin trading today on the Nasdaq under the ticker symbol LSPRU.
The offering is expected to close Thursday.
The blank-check company intends to focus on the biotechnology sector.
Alliance Global Partners is sole book-running manager, and Brookline Capital Markets is co-manager for the offering. Read more.