MBF Healthcare Acquisition, a blank check company formed to acquire an operating business in the healthcare industry, raised gross proceeds of $150 million in its initial public offering on Tuesday night. The firm sold a total of 18.75 million units at $8 a piece, giving it an initial market cap of approximately $190 million. Merrill Lynch, Morgan Joseph and Ladenburg Thalmann were joint book runners on the deal. The stock is expected to begin trading on the AMEX under the ticker MBH-U on Wednesday.
