Spindletop Health Acquisition Closes $230M IPO

IPO

Spindletop Health Acquisition closed its IPO of 23 million units at $10 each, including 3 million units issued to the underwriters who exercsied their full over-allotment option.

Units list on the Nasdaq and trade under SHCAU.

The SPAC intends to focus on identifying, acquiring and building an undervalued, growth-oriented company in the healthcare services sector.

Barclays and Stifel were joint book-running managers. Read more.

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