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PepperLime Health Acquisition Corporation Announces Pricing of $150 Million Initial Public Offering

Push Launch

Oct 14, 2021 22:27 EDT

PepperLime Well being Acquisition Corporation (the “Company”), a Cayman Islands exempted organization that is a blank look at enterprise fashioned for the goal of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar organization combination with just one or more firms, now declared the pricing of its initial general public providing of 15,000,000 models at a price of $10.00 for every unit. The Business has granted the underwriter a 45-day selection to obtain up to an supplemental 2,250,000 units at the preliminary community giving value to address in excess of-allotments, if any.

Even though the Enterprise might go after an first enterprise combination concentrate on in any enterprise or sector, the Firm intends to target businesses at the intersection of engineering and client overall health and wellness. The proceeds of the original general public presenting will be applied to fund the organization combination.

The units will be outlined on the Nasdaq World-wide Current market and trade below the ticker image “PEPLU” on or immediately just after the day hereof. Each individual unit is composed of one Class A ordinary share of the Enterprise and just one-fifty percent of one particular warrant. Each and every whole warrant entitles the holder thereof to invest in a single Class A standard share of the Business at a selling price of $11.50 for each share. The moment the securities comprising the models start out different buying and selling, the Class A normal shares and warrants are envisioned to be outlined on the Nasdaq Worldwide Sector under the symbols “PEPL” and “PEPLW,” respectively. The featuring is expected to near on Oct 19, 2021, issue to customary closing problems.

Oppenheimer & Co. Inc. acted as the sole underwriter for the supplying. 

The featuring is currently being designed only by suggests of a prospectus. When accessible, copies of the prospectus may possibly be attained from: Oppenheimer & Co. Inc., Attn: Syndicate Prospectus Section, 85 Broad Street, 26th Ground, New York, New York 10004, telephone: (212) 667-8055 or email: [email protected].

A registration statement relating to the securities became powerful on Oct. 14, 2021 in accordance with Portion 8(a) of the Securities Act of 1933, as amended. This press launch shall not represent an present to sell or the solicitation of an provide to acquire, nor shall there be any sale of these securities in any state or jurisdiction in which this sort of offer you, solicitation, or sale would be unlawful prior to registration or qualification below the securities guidelines of any this sort of point out or jurisdiction.

This press launch is made up of statements that constitute “ahead-wanting statements,” which includes with regard to the closing of the proposed first public presenting and the expected use of the internet proceeds. No assurance can be given that the offering discussed earlier mentioned will be done on the phrases described, or at all, or that the internet proceeds of the offering will be utilized as indicated. Ahead-wanting statements are issue to several ailments, numerous of which are beyond the command of the Firm, including individuals established forth in the Danger Elements segment of the Firm’s registration statement and preliminary prospectus for the Firm’s presenting filed with the Securities and Trade Fee (“SEC”). Copies are out there on the SEC’s internet site, www.sec.gov. The Firm undertakes no obligation to update these statements for revisions or variations right after the day of this release, except as needed by law.


PepperLime Wellness Acquisition Company
Ramzi Haidamus
(415) 263-9939

Supply: PepperLime Health Acquisition Company