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Larkspur Health Acquisition Corp. (NASDAQ: LSPRU) informed that holders of its units can begin trading Class A Common Stock and redeemable warrants separately starting February 10, 2022. Units that are not separated will continue to trade under the symbol LSPRU, while those that are will be listed as LSPR for Class A Common Stock and LSPRW for warrants. Only whole warrants will be issued upon separation. The company focuses on mergers and acquisitions within the biotechnology sector.
Larkspur Health Acquisition Corp. has successfully closed its initial public offering (IPO) of 7,500,000 units at $10.00 each. Each unit includes one share of common stock and three-fourths of a redeemable warrant, which can be converted to a full warrant for $11.50 per share. The units began trading on Nasdaq under the symbol 'LSPRU' on December 21, 2021. The company, focused on the biotechnology sector, aims to leverage public market access and the expertise of its management for future business combinations. A.G.P./Alliance Global Partners managed the offering.
Larkspur Health Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, offering 7,500,000 units consisting of one share of common stock and three-fourths of a redeemable warrant. The IPO is set to close on December 23, 2021, with trading expected to start on Nasdaq under the ticker symbol 'LSPRU' from December 21, 2021. The warrants can be exercised at $11.50 per share. Larkspur aims to focus on biotechnology sector investments and is sponsored by Larkspur Health LLC. A.G.P./Alliance Global Partners is the sole book-running manager for the offering.
