Revolution Healthcare Acquisition Corp. (REVHU) Social Stream
Featured Post From StockTwits About REVHU
$REVHU $500mm healthcare + tech SPAC with a special share-holder aligned promote.thudson559, published March 19, 2021
"Revolution Healthcare Acquisition, a blank check company formed by General Catalyst and ARCH Venture Partners, raised $500 million by offering 50 million SAIL (Stakeholder Aligned Initial Listing) securities at $10. Each SAIL security consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The sponsor promote is only 5% due to the SAIL construct, which uses a performance-based incentive structure to create alignment.
The company is led by CEO Jay Markowitz, who is a Senior Partner at ARCH Venture Partners, and Chairman Jeff Leiden, the Executive Chairman of Vertex Pharmaceuticals (Nasdaq: VRTX). The company plans to target businesses at the intersection of health care, life sciences, and technology."
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