SPAC Roth CH Acquisition IV prices $100 million IPO

Roth CH Acquisition IV, the fourth blank check company formed by executives of Roth Capital and Craig-Hallum, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.

The company is led by Co-CEO and Chairman Byron Roth, the founder and CEO of Roth Capital Partners; Co-CEO and Director John Lipman, a Partner and Managing Director of Investment Banking at Craig-Hallum; and CFO Gordon Roth, the CFO and COO of Roth Capital. Roth CH Acquisition IV aims to leverage management's experience to target the business services, consumer, healthcare, technology, wellness or sustainability sectors.

Roth CH Acquisition IV plans to list on the Nasdaq under the symbol ROCGU. Roth Capital and Craig-Hallum Capital Group acted as joint bookrunners on the deal.