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Locust Walk Acquisition Corp. (NASDAQ: LWACU) announced that holders of its units can separately trade the Class A common shares and warrants starting March 1, 2021. The units will continue trading under the symbol 'LWACU', while the Class A shares and warrants will trade under 'LWAC' and 'LWACW', respectively. A registration statement was declared effective on January 7, 2021. This PR is not an offer to sell or solicit any purchase prior to registration under applicable securities laws.
Locust Walk Acquisition Corp. (NASDAQ: LWACU) has successfully completed its initial public offering, raising $175 million by issuing 17.5 million units at $10.00 per unit, which includes 2.2 million units from the underwriters' over-allotment option. Trading for these units commenced on January 8, 2021. Each unit consists of one share of Class A common stock and one-third of a warrant, with whole warrants exercisable at $11.50 per share. The offering was managed by Cantor Fitzgerald & Co..
Locust Walk Acquisition Corp. (NASDAQ:LWACU) has announced the pricing of its upsized IPO, issuing 15,300,000 units at $10.00 per unit, garnering gross proceeds of $153 million. Trading begins on January 8, 2021. Each unit comprises one Class A common stock share and one-third of a warrant, with whole warrants exercisable at $11.50 per share. The offering, expected to close around January 12, 2021, is managed by Cantor Fitzgerald & Co., which has a 45-day option to purchase an additional 2,295,000 units for over-allotments.
