GreenVision Acquisition Corp. (GRNVU) Prices $50M SPAC IPO


GreenVision Acquisition Corp. (GRNVU) Prices $50M SPAC IPO

Nov 18, 2019 INTEL by Kristi Marvin

GreenVision Acquisition Corp. (GRNVU), announced the pricing of their $50 million SPAC IPO this evening. GreenVision’s units are expected to begin trading, tomorrow, Tuesday, November 19th, under the symbol Nasdaq: GRNVU.

GreenVision Acquisition Corp. intends to focus on businesses operating in North America, Europe and Asia (excluding China) in the life sciences and healthcare industries and will be led by Zhigeng (David) Fu, as Chairman and CEO.

Total SPAC deal count for 2019 year-to-date is now 51 with $11.99 billion in gross proceeds raised. The offering is expected to close on Thursday, November 21, 2019.

Congratulations to all.

I-Bankers Securities, Inc. acted as sole book-running manager for the offering. Becker & Poliakoff LLP and Schiff Hardin LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively.