- Isleworth Healthcare Acquisition (ISLEU) prices its upsized initial public offering of 18M units at $10/unit. In addition underwriters have been granted an overallotment option to purchase up to an additional 2.7M units.
- The units have started trading today on Nasdaq under the ticker symbol "ISLEU."
- Each unit consists of a share of common stock and one-half of a redeemable warrant, exercisable as a whole at a price of $11.5/share.
- Isleworth Healthcare Acquisition is focused on business combination with a company in the healthcare sector, based in North America and Europe that are developing assets in the biopharmaceutical and medical technology/medical device space.
- The offering is expected to close on Mar. 1, 2021.
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