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.

The article Healthcare SPAC Amplitude Healthcare Acquisition prices $100 million IPO at $10 originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.

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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