LMF Acquisition Opportunities offered 1.5 million more units than originally planned to price its upsized IPO at $90 million. The raise represents a 20 percent increase from the $75 million initially anticipated.
LMF has said it will focus on acquiring a business within the financial services industry and related sectors, including FinTech, with an enterprise value of approximately $250 million to $500 million.
Units begin trading on the Nasdaq today under LMAOU. Read more.