Fellazo, a blank check company targeting the health food and supplements industry in Asia, raised $50 million by offering 5.0 million units at $10, as expected. 

Each unit consists of one ordinary share, one warrant to purchase one-half of a share at $11.50, and one right to receive one-tenth of a share upon the acquisition.

Fellazo plans to list on the Nasdaq under the symbol FLLCU. Maxim Group LLC acted as sole bookrunner on the deal.
 

Fellazo, a SPAC targeting Asian health food, prices $50 million IPO at $10

Investment Disclosure: Renaissance IPO ETF (symbol: IPO) Renaissance International ETF (symbol: IPOS)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.