Revolution Healthcare Acquisition Corp. (REVHU) Social Stream



Revolution Healthcare Acquisition Corp. (REVHU): $9.81

0.00 (0.00%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Featured Post From StockTwits About REVHU

$REVHU $500mm healthcare + tech SPAC with a special share-holder aligned promote.

"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."

https://www.nasdaq.com/articles/general-catalyst-and-archs-spac-revolution-healthcare-acquisition-prices-%24500-million-ipo
thudson559, published March 19, 2021

Loading social stream, please wait...


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.3209 seconds.