Sanaby Health Acquisition I, a blank check company targeting the healthcare sector, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
The company is led by CEO and Director Sandra Shpilberg, the founder of patient finding platform Seeker Health, and Chairman Timothy Zanni, who spent over 30 years at KPMG, most recently serving as Global Head of the TMT industry. The company plans to target the healthcare sector, focusing on digital health, life science tools and services, and innovative therapeutics, including digital therapeutics.
Sanaby Health Acquisition I plans to list on the Nasdaq under the symbol SANBU. BTIG acted as sole bookrunner on the deal.
