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KBL Healthcare Acquisition Corp. III (“KBL”)
is a specified purpose acquisition company (“SPAC”), a newly organized black check company established for the purpose of effecting a merger, capital stock exchange, stock purchase, asset acquisition or other similar business combination with one or more operating businesses in the healthcare or healthcare-related industries in any geographic location.
In July 2007, KBL completed a $138 million IPO led by Citi to target a merger with a healthcare or healthcare-related business.
- KBL is seeking a merger with a company valued between $110 and $500+ million
- The merged company will become a publicly traded company
- KBL can provide management and shareholders with:
- Significant and immediate liquidity to management and shareholders
- Significant upside potential through ownership and earn-outs
- Growth capital to build business and make strategic acquisitions
- KBL has a strong track record in healthcare:
- Decades of successful healthcare investing experience
- Significant M&A transaction and capital raising experience
- Wide network of healthcare and venture capital industry relationships
- World class Board and Advisors
- KBL has a strong track record in SPACs:
- Successfully closed two SPAC transactions, raised three SPAC IPOs
- KBL Healthcare Acquisition Corp. I: $17.3mm IPO in April 1993
- KBL Healthcare Acquisition Corp. II / Summer Infant: $55.2mm IPO in April 2005
- KBL Healthcare Acquisition Corp. III: $138mm IPO in July 2007
- KBL III is Citi’s first healthcare SPAC
Our common stock, units and warrants are traded on the American Stock Exchange under the symbols “KHA”, “KHA-U” and “KHA.WT”, respectively.
KBL Healthcare Acquisition Corp. III
380 Lexington Avenue, 31st Fl.
New York, NY 10168 |
Ph: (212) 319-5555
Fax: (212) 319-5591
Inquiries: inquiries@kblhealthcare.com |
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