Amplitude Healthcare Acquisition, a blank check company formed by Avego and Metalmark Capital targeting healthcare in the US or Europe, raised $100 million by offering 10 million units at $10 to command a market value of $125 million. Each unit consists of one share of common stock and one-half of one redeemable warrant exercisable at $11.50.
Amplitude Healthcare Acquisition plans to list on the Nasdaq under the symbol AMHCU. BMO Capital Markets and SVB Leerink acted as lead managers on the deal.
Investment Disclosure: Renaissance IPO ETF (symbol: IPO) Renaissance International ETF (symbol: IPOS)