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CareMax (Deerfield Healthcare) Priced, Nasdaq: CMAX

Third healthcare-focused blank check company formed by Deerfield Management and Robert Barasch (completed 6/8/2021).

Industry: SPAC

First Day Return: +6.3%

Industry: SPAC

We are a newly-organized blank check company incorporated in May 2020 as a Delaware corporation whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. Our strategy will be to identify, acquire and, after our initial business combination, build, a healthcare or healthcare-related business. We intend to focus our investment effort broadly across the entire healthcare industry, which encompasses services, therapeutics, devices, diagnostics and animal health and services. We intend to seek initial business combination targets with smaller enterprise values and to particularly focus on the life sciences, medical technology, digital health and technology-enabled services sectors. The company was jointly founded by our management team and Deerfield Management, a healthcare investment firm with over $10.5 billion in regulatory assets under management as of March 31, 2020. We believe that the experience of our management team and our relationship with Deerfield Management will allow us to source, identify and execute an attractive transaction for our stockholders.
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IPO Data
IPO File Date 06/30/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 12.5
Deal Size ($mm) $125
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/16/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $125
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 3

CareMax (Deerfield Healthcare) (CMAX) Performance