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Tuesday, October 27, 2020

Lux Health Tech Acquisition prices $300M IPO

  • A SPAC by Lux Capital targeting a healthtech business, Lux Health Tech Acquisition (LUXA) has priced its initial public offering of 30M units at $10/unit.
  • Trade commenced today on Nasdaq.
  • Each unit consists of one share of Class A common stock and one-third of one warrant to purchase one share of Class A common stock at $11.50/share.
  • Underwriters' over-allotment is an additional 4.5M units.
  • Press release
  • https://seekingalpha.com/news/3626502-lux-health-tech-acquisition-prices-300m-ipo

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