AMSTERDAM: European Healthcare Acquisition & Growth Company B.V., a Dutch operators-led special purpose acquisition company aiming to acquire one or more companies in the European healthcare sector, completed its private placement of 20 million units, each consisting of one share and one-third of a warrant, at a placement price of EUR 10 per unit for an aggregate of EUR 200 million.
The Units were offered to institutional investors and other investors. No Units were allocated to Joh. Berenberg, Gossler & Co. KG in connection with their backstop commitment.
Cornelius Baur, CEO of EHC as of tomorrow, said: “The strong interest underscores the trust of our investors in the Company’s innovative framework.”