Foresight Acquisition Corp. (FOREU) Prices $275M IPO


Foresight Acquisition Corp. (FOREU) Prices $275M IPO

Foresight Acquisition Corp. announced the pricing of its $275 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “FOREU” Wednesday, February 10.

The new company aims to combine with a technology-enabled consumer or consumer healthcare business with competitive positioning. Foresight is led by Chairman Greg Wasson, CEO Michael Balkin and CFO Gerald Muizelaar.

Total SPAC deal count for 2021 year-to-date is now 130 with $38.9 billion in gross proceeds raised. This offering is expected to close on Friday, February 12.

Cowen is serving as the sole book-running manager for the offering. Greenberg Traurig LLP is serving as Issuer’s Counsel with Nelson Mullins Riley & Scarborough LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.