Vickers Vantage Corp. I (VCKAU) Prices Upsized $120M IPO


Vickers Vantage Corp. I (VCKAU) Prices Upsized $120M IPO

Vickers Vantage Corp. I announced the pricing of its $120 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “VCKAU” Thursday, January 7.

The new company aims to combine with a business that matches the industry experience of its management, which has overseen a number of transactions in the Americas and Asia. Vickers Vantage is led by Chairman and CEO Jeffrey Chi alongside CFO Chris Ho.

Total SPAC deal count for 2021 year-to-date is now 11 with $2.4 billion in gross proceeds raised. This offering is expected to close on Monday, January 11.

Maxim Group LLC is acting as the sole book-running manager for the offering.  Graubard Miller is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.