SIM Acquisition I, a blank check company formed by Sauvegarder Investment Management targeting healthcare, raised $200 million by offering 20 million units at $10. SIM Acquisition I is led by CEO and Chairman Erich Spangenberg and CFO and Director David Kutcher, co-founders of multi-strategy investment firm Sauvegarder Investment Management, where they serve as Managing Partner and Co-Managing Partner, respectively. The SPAC plans to target the healthcare sector, looking at criteria such as industry attractiveness and value proposition, among others.
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Source: https://www.renaissancecapital.com/IPO-Center/News/105602/Healthcare-SPAC-SIM-Acquisition-I-prices-$200-million-IPO