Bull Horn Holdings Completes $75 Million IPO

11/4/20

MIAMI--(BUSINESS WIRE)--Bull Horn Holdings Corp. today announced the closing of its initial public offering of 7,500,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $75,000,000.

Bull Horn Holdings Corp. is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination target in any business or industry, the Company intends to focus on leading sports, entertainment and brand companies that have potential for brand and commercial growth. The Company is led by Chief Executive Officer, Robert Striar, and Chief Financial Officer, Christopher Calise. In addition to Messers Striar and Calise, the Board of Directors includes Stephen Master, Michael Gandler, Jeff Wattenberg, Doug Schaer and Baron Davis.

Imperial Capital, LLC and I-Bankers Securities, Inc. acted as joint-book running managers and Northland Securities, Inc. is serving as co-manager of the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,125,000 units at the initial public offering price to cover over-allotments, if any.

The Company’s units began trading on The Nasdaq Capital Market (“Nasdaq”) on October 30, 2020 under the ticker symbol “BHSEU”. Each unit consists of one ordinary share and one redeemable warrant, with each whole warrant exercisable to purchase one-half of one ordinary share at a price of $11.50 per share. After the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “BHSE” and “BHSEW,” respectively.

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