Healthcare SPAC Arisz Acquisition Files for $60M IPO

Arisz Acquisition registered with the SEC to offer 6 million units it will price at $10 each. A unit Each unit consists of one share, one right and one redeemable warrant. Each right is good for one-twentieth of a share upon completion of a merger. A warrant entitles the holder to purchase three-fourths of a share.

Arisz will focus on companies within the healthcare industry.

CEO and Chairwoman Echo Hindle-Yang in 2016 founded M.S.Q. Ventures, a New York-based advisory firm that focuses on integration for emerging life sciences companies.  

Chardan is sole book-running manager.

The SPAC said it has applied to list on the Nasdaq but has not yet selected a ticker symbol. Read more.

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