L&F Acquisition Nets Additional $25M

L&F Acquisition in a filing said concurrently with the closing of its $150 million IPO and the over-allotment option, the SPAC consummated private placements with its sponsor of an additional 450,000 warrants at a price of $1 per unit and the underwriter of an additional 278,925 private placement warrants at a price of approximately $1.21 per unit. Net proceeds from the IPO, over-allotment option, and certain proceeds from the private placement and related options netted $175.1 million placed in trust.

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