SC Health Corporation (SCPE.U), announced the pricing of their $150 million SPAC IPO this evening. SC Health’s units are expected to begin trading Friday, July 12th, under the symbol NYSE: SCPE.U.
SC Health Corporation will be focusing on the healthcare sector in the Asia/Pacific region and will be led by David Sin, as Chairman, and AJ Coloma, as CEO and Director nominee.
Total SPAC deal count for 2019 year-to-date is now 31 with $7.375 billion in gross proceeds raised. The offering is expected to close on July 16, 2019.
Congratulations to all.
Credit Suisse acted as sole book-running manager, I-Bankers Securities, Inc. acted as co-manager.
Ropes & Gray LLP and Winston & Shearman & Sterling LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively.
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