Zephyrnet Logo

LMF Acquisition Opportunities, Inc. (LMAOU) Prices Upsized $90M IPO

Date:

IPO

Jan 25, 2021 INTEL by Matt Cianci

LMF Acquisition Opportunities, Inc. announced the pricing of its upsized $90M IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “LMAOU” tomorrow, January 26.

The new company aims to focus on transactions with companies and/or assets within the financial services industry, including potentially the financial technology (“FinTech”) sector, and related sectors. LMF is led by Chairman, President, and CEO Bruce ROdgers, and Treasurer, Secretary and CFO Richard Russell.

Total SPAC deal count for 2021 year-to-date is now 68 with $19.36 billion in gross proceeds raised. This offering is expected to close on Thursday, January 28.


Maxim Group is acting as sole book-running manager for the offering. Foley & Lardner LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. MaloneBailey, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.

Source: https://spacinsider.com/2021/01/25/lmf-acquisition-opportunities-prices-upsized-90m-ipo/

spot_img

Latest Intelligence

spot_img