Roth CH Acquisition I Co. Prices $75 million SPAC IPO
Roth CH Acquisition I Co. (ROCHU), announced the pricing of their $75 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Tuesday, May 5th, under the symbol Nasdaq: ROCHU.
Roth CH Acquisition I Co. intends to focus on companies in a broad range of sectors including healthcare, wellness, consumer and technology. Additionally, Roth CH will be led by Byron Roth, as Chairman and Chief Executive Officer, and will be joined by Co-Presidents Rick Hartfiel and Aaron Gurewitz.
Total SPAC deal count for 2020 year-to-date is now 20 with $6.236 billion in gross proceeds raised. The offering is anticipated to close on Thursday, May 7, 2020.
Roth Capital Partners and Craig-Hallum Capital Group are acting as joint book-running managers of the offering. Loeb & Loeb LLP and Graubard Miller were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP acted as auditor.