Katten's Capital Markets team represented Thrive Acquisition Corporation, a special purpose acquisition company (the Company), in its initial public offering of $172.5 million.

The Company intends to pursue a business combination with one or more businesses within the global health and wellness industry.

The Company's units are listed on the Nasdaq Global Market and began trading under the ticker symbol "THAC.U" on October 21.

Representing the company in the initial public offering were Mark D. Wood, co-head of Katten's Capital Markets team, Corporate partner Evan S. Borenstein, and Capital Markets partner Vlad M. Bulkin and associate Aaron M. Feld.

"Thrive Acquisition Corporation Announces Closing of $172.5 Million Initial Public Offering," Businesswire, October 25, 2021