The new SPAC intends to focus its search on targets in the healthcare industry with an enterprise value of approximately $300 million to $1 billion. Jupiter Wellness is led by CEO and Chairman of the Board Brian S. John, and CFO and Secretary Ke Li.
Total SPAC deal count for 2021 year-to-date is now 572. This offering is expected to close on Thursday, December 9.
I-Bankers Securities, Inc. acted as sole book-running manager of the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Shearman & Sterling LLP serving as Underwriter’s Counsel. MaloneBailey, LLP serves as auditor. American Stock Transfer & Trust Company is acting as trustee.