DJ Aesther Healthcare Acquisition Corp. Files for IPO
By Stephen Nakrosis
Blank-check company Aesther Healthcare Acquisition Corp. filed for a $100 million initial public offering on Monday.
The company said its sponsor, Aesther Healthcare Sponsor LLC, is an affiliate of its founder and chief executive, Suren Ajjarapu. Mr. Ajjarapu serves as CEO of TRxADE HEALTH Inc., and is a director of blank-check company OceanTech Acquisition I Corp., Aesther Healthcare Acquisition said.
The company said, "We intend to focus our efforts identifying businesses primarily in the pharmaceutical and medical devices sectors."
The company also said it applied to list its units on the Nasdaq Capital Market.
EF Hutton is listed as the offering's underwriter.
-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 19, 2021 18:12 ET (22:12 GMT)
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