Liberty Media Acquisition closed its IPO of 57.5 million units, including 7.5 million units sold pursuant to the full exercise of the underwriters’ over-allotment option, at a price of $10 each.
Units trade 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 list under LMACA and LMACW, respectively.
The SPAC intends to search for a target in the media, digital media, music, entertainment, communications, telecommunications and technology industries. Read more.
