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Big Rock Partners Acquisition raises $60 million in upsized IPO priced at $10

November 20, 2017
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Big Rock Partners Acquisition, a blank check company formed to acquire a business in the senior housing and care industry, raised $60 million by offering 6.0 million units at $10. It originally planned to offer 5.0 million units. Units consist of one share of common stock and one-half of one warrant exercisable at $11.50. Big Rock Partners Acquisition will list on the Nasdaq under the symbol BRPAU and begin trading on Monday. EarlyBirdCapital acted as a lead manager on the deal.