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SPAC Alpha Healthcare Acquisition prices IPO, commences trading today

September 18, 2020

Alpha Healthcare Acquisition (AHACU) priced its initial public offering of 10M units at $10/unit; each unit consists of one share of Class A common stock and one-half of one redeemable warrant.

Each whole warrant entitles the holder to purchase one share of Class A common stock at $11.50/share.

Underwriters granted 45-day option to purchase additional 1.5M units to cover over-allotments.

Units will be listed Nasdaq; to commence trading Friday.

It is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, focusing on U.S. healthcare industry.

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