IPO for SPAC DHB Capital Corp. (DHBC) Opens at $9.99

March 2, 2021 12:51 PM EST

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Today's IPO for SPAC DHB Capital Corp. (NASDAQ: DHBC) (NASDAQ: DHBCU) opened for trading at $9.99 after pricing 25,000,000 units, at $10.00 per unit.

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry, it currently intends to concentrate its efforts in identifying businesses in the financial and business services industry, with a focus on differentiated financial services and financial services-adjacent platforms. The Company is led by Richard M. DeMartini, Co-Executive Chairman, Robert J. Hurst, Co-Executive Chairman, and Alex Binderow, Chief Executive Officer, President and Director.

BofA Securities and RBC Capital Markets, LLC are acting as joint book-running managers in the offering.

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