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Alpha Healthcare Acquisition Corp. (AHACU) Prices $100M IPO


Alpha Healthcare Acquisition Corp. (AHACU) Prices $100M IPO

Alpha Healthcare Acquisition Corp. announced the pricing of its $100 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “AHACU” tomorrow, Friday, September 18th.

The company aims to combine with a healthcare company located in the United States. Alpha Healthcare is led by Chairman, CEO and Director Rajiv Shukla, and CFO and Secretary Patrick A. Sturgeon.

Total SPAC deal count for 2020 year-to-date is now 103 with $40.2 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, September 22nd.

Oppenheimer & Co. Inc. is acting as the sole book running manager for the offering and Northland Capital Markets is acting as co-manager for the offering. Ellenoff, Grossman & Schole LLP and White & Case LLP were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.