Viscogliosi Brothers Acquisition priced its initial public offering of 7.5 million units at $10 each. The units started trading today on the Nasdaq under the ticker symbol VBOCU. Each consists of one share of common stock and one-half of a redeemable warrant.
Once the securities begin separate trading, stock and warrants are expected to be listed under the symbols VBOC and VBOCW.
Raymond James & Associates is sole book-running manager for the offering.
The new blank-check firm will focus on businesses that have their primary operations located in North America and Europe in the neuro-musculoskeletal industry. Read more.
