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Ally Bridge Group's SPAC ABG Acquisition I prices upsized $131 million IPO

ABGI

ABG Acquisition I, a blank check company formed by Ally Bridge Group targeting the healthcare sector, raised $131 million by offering 13.1 million shares at $10. The company offered 1.1 million more shares than anticipated. It did not offer units with warrants attached. ABG Acquisition I may raise an additional $25 million at the closing of an acquisition pursuant to a...read more

Ally Bridge Group's SPAC ABG Acquisition I files for a $120 million IPO

ABGI

ABG Acquisition I, a blank check company formed by Ally Bridge Group targeting the healthcare sector, filed on Monday with the SEC to raise up to $120 million in an initial public offering. The New York, NY-based company plans to raise $120 million by offering 12 million shares at $10. The company is not offering units with warrants attached. It may raise an additional $25...read more

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