Custom Health Inc. Goes Public Through SPAC Merger at USD $185M Valuation
December 22nd, 2023 By BNN Correspondents
Custom Health Inc., a frontrunner in digital healthcare solutions, is making its debut in the public market via a merger with Berenson Acquisition Corp. I, a special purpose acquisition company (SPAC).
The merger positions Custom Health at a pre-money equity valuation of USD $185 million. This strategic move is part of a growing trend where companies are favoring SPACs over traditional initial public offerings (IPOs) owing to the swift and less traditional pathway to public markets they offer.
Read the full article here: Custom Health Inc. Goes Public Through SPAC Merger at USD $185M Valuation (bnnbreaking.com)