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Achari Ventures Holdings I Priced, Nasdaq: AVHI

Blank check company backed by Achari Ventures targeting the cannabis industry.

Industry: SPAC

Latest Trade: $11.20 0.00 (0.0%)

First Day Return: +0.4%

Return from IPO: +12.0%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an initial business combination with any business in any industry, commercial sector or location, our initial focus will be on identifying acquisition opportunities in the cannabis industry. Notwithstanding the foregoing, we will not invest in or consummate a business combination with a target business that we determine has been operating in violation of U.S. federal laws, including the Controlled Substances Act. Achari Ventures, whose predecessor was founded in 2018, is an investment firm focused on the rapidly growing cannabis industry, is an affiliate of our sponsor. Achari Ventures currently has an executive team and advisory board consisting of seasoned investment professionals, with experience and pedigree investing within all stages of the capital markets from seed to initial public offerings, or IPOs. In addition, Achari Ventures has a cannabis advisory network, consisting of entrepreneurs and CEOs with proven track records of successful operations in the highly regulated cannabis space. During the past three years, Achari Ventures has evaluated more than 1,500 companies related to the cannabis industry, built a vast network of business contacts, and invested in more than 15 companies.
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IPO Data
IPO File Date 08/05/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/14/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Chardan Capital Markets
Company Data
Headquarters Clark, NJ, United States
Founded 2021
Employees at IPO 3
Website acharivc.com

Achari Ventures Holdings I (AVHI) Performance