Thursday, September 18, 2025

Latest

Health SPAC CHW Acquisition Upsizes IPO To US$110 Million

Special purpose acquisition company CHW Acquisition Corporation (Nasdaq: CHWAU) went public on the Nasdaq Capital Market Monday. The firm has now upsized its initial public offering, aiming to now raise US$110.0 million in gross proceeds.

The offering consists of 11.0 million units priced at US$10.00 per unit, up from the initial 10.0 million units. Each unit is composed of one common share and one purchase warrant, redeemable for one common share at US$11.50 per share.

The company units currently trade on the big board under the symbol “CHWAU”. Once the securities separate, the company shares and warrants will trade under the ticker symbols “CHWA” and “CHWAW”, respectively.

The offering is being managed by Chardan as the sole bookrunner, which the company granted a 45-day over-allotment option to purchase additional 1.65 million company units.

The offering is expected to close on September 1, 2021, subject to customary closing conditions.

According to its filing statement, the blank-check company intends to pursue a business combination within the consumer, health and wellness, or retail sector.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why $10K Gold No Longer Sounds Crazy | Dan Wilton – First Mining Gold

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

VerticalScope Issues 5.7 Million Shares, Raises $125.1 Million In Initial Public Offering

Toronto-based tech firm VerticalScope Holdings Inc. (TSX: FORA) closed its initial public offering today, raising...

Monday, June 21, 2021, 10:55:00 AM

SPAC Chavant Capital Acquisition Seeks To Raise US$80 Million In IPO

Special purpose acquisition company Chavant Capital Acquisition Corp. went public on Nasdaq Capital Market today....

Tuesday, July 20, 2021, 11:38:00 AM

SPAC Gardiner Healthcare Acquisitions Prices US$75 Million IPO

Special purpose acquisition company Gardiner Healthcare Acquisitions Corp. (NASDAQ: GDNRU) started trading publicly on the...

Wednesday, December 22, 2021, 04:32:00 PM

Clean Transition SPAC Monterey Capital Acquisition Prices Downsized US$80 Million IPO

Special purpose acquisition company Monterey Capital Acquisition Corporation (Nasdaq: MCACU) started trading its securities on...

Wednesday, May 11, 2022, 02:19:00 PM

Asia-Focused Biotech SPAC Valuence Merger I Prices US$200 Million IPO

Special purpose acquisition company Valuence Merger Corp. I (Nasdaq: VMCAU) started trading on the Nasdaq...

Tuesday, March 1, 2022, 02:26:00 PM