Vesper Healthcare Acqstn Cor
A special purpose acquisition company (SPAC), also called a "blank check" company, that raised money through an initial public offering with the single goal of merging with a private healthcare business and taking it public. SPACs are shell companies that hold investor funds while sponsors hunt for a target to acquire. Vesper, listed on the NASDAQ, was created for the healthcare sector — its name calls to mind the evening star, fitting for a vehicle meant to carry a private firm into the public markets.
Redeemable warrant expiring 09/30/2025, exercisable for Class A common stock at 1.50 per share — Merged with The HydraFacial Company in May 2021, warrants now trade under Beauty Health Co (SKIN) related tickers