Digital Health Acquisition in an amended filing said it now plans to offer 10 million units at $10 each, down from the 15 million units initially registered with the SEC two weeks ago.
Each unit still consists of one share and one warrant.
The new SPAC will target a technology or healthcare focused business with an aggregate enterprise value of approximately $175 million to $500 million.
Digital Health is led by Dr. Scott Wolf, CEO, secretary and chairman. Dr. Wolf founded Aerin Medical.
Alliance Global Partners, the representative of the underwriters, has an option to purchase up to an additional 2.25 million units to cover over-allotments, if any.
The SPAC inteds to apply for a Nasdaq listing under DHACU. Read more.
