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Healthcare SPAC SC Health Corp prices IPO at $10

July 12, 2019
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SC Health Corp, a blank check company targeting the healthcare industry in the Asian Pacific region, raised $150 million by offering 15 million shares at $10.

Each unit consists of one ordinary share and one-half of one redeemable warrant; one whole warrant can be used to purchase a share of stock at $11.50 per share.

SC Health Corp plans to list on the NYSE under the symbol SCPE.U. Credit Suisse acted as a lead manager on the deal.