LAVA Medtech Closes $115M IPO

IPO

LAVA Medtech Acquisition closed its IPO of 11.5 million units at $10 per unit, including 1.5 million issued pursuant to the full exercise of the underwriters’ over-allotment option.

Units trade on the Nasdaq under LVACU.

The SPAC’s acquisition focus is on companies within the healthcare and healthcare-related industries, primarily in the United States and Canada. 

RBC Capital Markets served as the sole book-running manager of the offering. Read more.

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