IPOs

Healthcare SPAC Amplitude Healthcare Acquisition prices $100 million IPO at $10

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.

Healthcare SPAC Amplitude Healthcare Acquisition prices $100 million IPO at $10

Investment Disclosure: Renaissance IPO ETF (symbol: IPO) Renaissance International ETF (symbol: IPOS)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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