REVHU News

Revolution Healthcare Acquisition, a blank check company formed by General Catalyst and ARCH Venture Partners, raised $500 million by offering 50 million SAIL (Stakeholder Aligned Initial Listing) securities at $10. Each SAIL security consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The sponsor promote is only 5% due to the SAIL construct...read more

Revolution Healthcare Acquisition, a blank check company formed by General Catalyst and ARCH Venture Partners, filed on Monday with the SEC to raise up to $500 million in an initial public offering. The Cambridge, MA-based company plans to raise $500 million by offering 50 million SAIL (Stakeholder Aligned Initial Listing) securities at $10. Each SAIL security consists of one...read more