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Compute Health Acquisition Corp. (NYSE: CPUH.U) announced that starting March 29, 2021, holders of its 86,250,000 IPO units may separately trade shares of Class A common stock and redeemable warrants. The units will continue to trade under the symbol CPUH.U, while separated shares and warrants will trade under CPUH and CPUH WS. The Company aims to pursue merger opportunities in the healthcare sector focusing on technology-driven solutions. Goldman Sachs served as the sole book-running manager for the IPO.
Compute Health Acquisition Corp. (NYSE: CPUH.U) has completed its initial public offering, raising $862.5 million by selling 86.25 million units at $10.00 per unit, including an over-allotment option. The units, consisting of one share of Class A common stock and one-quarter of a redeemable warrant, began trading on February 5, 2021. The company aims to engage in business combinations, focusing on healthcare businesses that utilize computational power, especially in medical devices and virtual care.
Compute Health Acquisition Corp. has priced its initial public offering (IPO) of 75 million units at $10.00 each, set to trade under the ticker symbol CPUH.U on the NYSE starting February 5, 2021. Each unit includes one share of Class A common stock and one-quarter of a redeemable warrant. The offering, managed by Goldman Sachs & Co. LLC, is expected to close on February 9, 2021. The Company aims to merge with healthcare businesses leveraging computational power, focusing on medical devices and virtual care. A registration statement was declared effective by the SEC on February 4, 2021.
