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MedWorth Acquisition Corp files and sets terms for $48 million IPO

May 20, 2013

MedWorth Acquisition Corp, a blank check company focused on acquiring businesses in the healthcare industry, announced terms in its initial filing with the SEC on Monday. The Miami, FL-based company, which was founded in 2013, plans to raise $48 million by offering 6 million shares at $8 per share. MedWorth will list on the NASDAQ under the symbol MWRX. EarlyBird Capital is the sole bookrunner on the deal. No pricing date was disclosed.