DTRT Health Acquisition Corp. (DTRTU) Prices $200M IPO


DTRT Health Acquisition Corp. (DTRTU) Prices $200M IPO

DTRT Health Acquisition Corp. announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “DTRTU” Thursday, September 2.

The new SPAC intends to combine with a home and community based healthcare services target that has underexploited expansion opportunities. DTRT Health is led by CEO Mark Heaney, COO Arion Robbins, and CFO Don Klink.

Total SPAC deal count for 2021 year-to-date is now 420. This offering is expected to close on Tuesday, September 7.

Cantor Fitzgerald & Co. (“Cantor”) is acting as the sole bookrunner, and Odeon Capital Group, LLC is acting as the lead manager for the offering. Winston & Strawn LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.