LightJump Acquisition announced that it closed its upsized IPO of 12 million units at $10 per unit, generating $120 million.
The SPAC also said it completed the sale of an additional 1.8 million units pursuant to the underwriters’ over-allotment option. The raise resulted in total proceeds of $138 million.
The SPAC has said it initially plans to focus on technology and technology enabled businesses that directly or indirectly offer specific technology solutions or broader technology software and services. Read more.
