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Revolution Healthcare Acquisition Corp. has priced its initial public offering (IPO) of 50,000,000 SAIL℠ securities at $10.00 each, set to debut on Nasdaq under the symbol "REVHU" on March 18, 2021. Each SAIL℠ security includes one share of Class A common stock and one-fifth of a redeemable warrant. The offering is expected to close on March 22, 2021. Morgan Stanley is the lead manager, with a 45-day option granted to underwriters for an additional 7,500,000 SAIL℠ securities. The company aims to invest in innovative healthcare firms, though no specific industry focus is established.
