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Loeb & Loeb represented LightWave Acquisition Corp., a special purpose acquisition company, in its $216.6 million initial public offering on the Nasdaq Global Market.
The offering included 21,562,500 units priced at $10.00 each, which includes the full exercise of the underwriters’ over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The units are listed under the ticker symbol “LWACU,” and the Class A shares and warrants are expected to trade under “LWAC” and “LWACW,” respectively, once the units begin separate trading.
LightWave intends to use the net proceeds from the offering and a concurrent private placement to pursue a business combination, with an initial focus on the technology sector.
The Loeb team included Capital Markets partner David Levine and senior counsel Terry Bokosha.
For more information, please see LightWave Acquisition’s press release.
The offering included 21,562,500 units priced at $10.00 each, which includes the full exercise of the underwriters’ over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The units are listed under the ticker symbol “LWACU,” and the Class A shares and warrants are expected to trade under “LWAC” and “LWACW,” respectively, once the units begin separate trading.
LightWave intends to use the net proceeds from the offering and a concurrent private placement to pursue a business combination, with an initial focus on the technology sector.
The Loeb team included Capital Markets partner David Levine and senior counsel Terry Bokosha.
For more information, please see LightWave Acquisition’s press release.
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Partner -
Senior Counsel