Deerfield Healthcare Technology Acquisition Corp. Prices $125M IPO

IPO-Pricing

Deerfield Healthcare Technology Acquisition Corp. Prices $125M IPO

Jul 16, 2020 INTEL by Kristi Marvin

Deerfield Healthcare Technology Acquisition Corp. (DFHTU), announced the pricing of their $125 million SPAC IPO this evening and the units are expected to begin trading tomorrow, Friday, July 17th, under the symbol Nasdaq: DFHTU.

Deerfield Healthcare Technology will be focused on businesses in the healthcare or healthcare-related industries and will be led by Richard Barasch, as Executive Chairman, and Steven Hochberg, as President, Chief Executive Officer and Director.

Total SPAC deal count for 2020 year-to-date is now 45 with $13.938 billion in gross proceeds raised. The offering is anticipated to close on Tuesday, July 21, 2020.


Deutsche Bank Securities Inc. and UBS Securities LLC are acting as the joint book running managers for the offering and I-Bankers Securities, Inc. is acting as co-manager for the offering.  White & Case LLP and Kirkland & Ellis LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. WithumSmith+Brown, PC, acted as auditor.

 

One Comments “Deerfield Healthcare Technology Acquisition Corp. Prices $125M IPO

Leave a Reply