Liberty Media Acquisition, an indirect subsidiary of Liberty Media Corporation priced its IPO of 50 million units at $10 per unit.
The units begin trading today on the Nasdaq under LMACU. Once the securities comprising the units begin separate trading, the shares of Series A common stock and warrants are expected to be listed on the Nasdaq under LMACA and LMACW, respectively.
LMAC intends to search for a target in the media, digital media, music, entertainment, communications, telecommunications and technology industries. Read more.
