Digital Health Acquisition Corp. (DHACU) Prices $100M IPO


Digital Health Acquisition Corp. (DHACU) Prices $100M IPO

Digital Health Acquisition Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “DHACU” Thursday, November 3.

The new SPAC intends to focus on established, technology focused businesses positioned in the healthcare industry that have an aggregate enterprise value of approximately $175 million to $500 million and would benefit from access to public markets and the operational and strategic expertise of our management team and board of directors. Digital Health is led by CEO, Corporate Secretary and Chairman Scott Wolf,  and CFO Daniel Sullivan.

Total SPAC deal count for 2021 year-to-date is now 515. This offering is expected to close on Monday, November 8.

A.G.P./Alliance Global Partners is the sole book-running manager for the offering. Manatt, Phelps & Philips, LLP is serving as Issuer’s Counsel with Sheppard, Mullin, Richter & Hampton LLP serving as Underwriter’s Counsel.  WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.