Renaissance Capital logo

DA32 Life Science Tech Acquisition Priced, Nasdaq: DALS

Blank check company formed by Deerfield Management, ARCH Venture Partners, and Section 32.

Industry: SPAC

Latest Trade: $9.84 0.00 (0.0%)

First Day Return: -1.6%

Return from IPO: -1.6%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an initial business combination target in any business industry or geographic region, we intend to capitalize on our management team’s background and experience to identify promising opportunities in the life sciences sector. In coming together as co-sponsors of DA32, Deerfield Management, ARCH Venture Partners and Section 32 aim to leverage their complementary capabilities and networks in order to acquire, merge with and grow a promising life science technology opportunity. Individually, each of our sponsors brings deep industry expertise and a broad network across the life science technology landscape, including both private and public companies in all stages of development. Collectively, we believe that our sponsors are well positioned to help DA32 successfully identify an attractive company and equip it with the tools and connections needed to accelerate growth and become a successful publicly traded company. By combining the healthcare knowledge and sourcing networks of our sponsors, we intend to execute our strategy to bring forward a meaningful, positive impact on human health. With accelerating advancements in research technology and a boom in healthcare data and biological insights, we believe the time is ripe, and DA32 is strongly positioned to pursue opportunities in the life sciences technology industry.
more less
IPO News for DA32 Life Science Tech Acquisition
more
IPO Data
IPO File Date 07/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/27/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters New York, NY
Founded 2021
Employees 2