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Dow Jones Newswires: SPAC Foresight Acquisition Corp. II files to withdraw IPO

the close up of the five rows coins ,and the coins jar that fell, with the back ground is a dark blue graph.

Blank-check company Foresight Acquisition Corp. II on Thursday filed to withdraw its initial public offering with the U.S. Securities and Exchange Commission.

The company said it has “abandoned the initial public offering of its securities.”

In June of last year, the company filed for a $250 million IPO. The company later lowered the planned amount of its IPO to $200 million.

Foresight Acquisition Corp. II said it planned to focus its search for an initial business combination “in the technology-enabled consumer and consumer healthcare industries.”

Greg Wasson, the company’s chairman, is former chief executive and president of Walgreens Boots Alliance.

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