CA Healthcare Acquisition Corp. (CAHCU) Prices $100M IPO


CA Healthcare Acquisition Corp. (CAHCU) Prices $100M IPO

Jan 26, 2021 IPOs by Kristi Marvin

CA Healthcare Acquisition Corp. announced the pricing of its $100 million IPO this evening and its shares are expected to begin trading on the Nasdaq under the symbol “CAHCU” Wednesday, January 27.

CA Healthcare intends to focus on businesses in the healthcare industry and will be led by Chairman and CEO Larry J. Neiterman and President, CFO, and Director Jeffrey H. Barnes.

Total SPAC deal count for 2021 year-to-date is now 79 with $22.3 billion in gross proceeds raised. This offering is expected to close on Friday, January 29.

BTIG, LLC is acting as sole book-running manager of the offering. I-Bankers Securities, Inc. is acting as co-manager of the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.