NEW YORK--(BUSINESS WIRE)--MDH Acquisition Corp. today announced the closing of its upsized initial public offering of 27,600,000 units at a price of $10.00 per unit, including 3,600,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The units began trading on the New York Stock Exchange (the “NYSE”) under the ticker symbol “MDH.U” on February 2, 2021. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “MDH” and “MDH.WS,” respectively.

MDH Acquisition Corp. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, the Company intends to focus on industries that complement its management team’s background in transportation and logistics, telecommunications, financial services and professional services, and to capitalize on the ability of its management team to identify and acquire a business.