First Light Acquisition Group closed its IPO of 23 million units, including 3 million issued to the underwrite in full exercise of its over-allotment option. \
Units trade on the NYSE under FLAGU. Each consists of one share and one-half of one redeemable warrant.
Guggenheim was sole book-runner for the offering.
The new SPAC plans to target companies that provide technology-enabled solutions with high-growth, mission-critical applications in government and commercial markets. Read more.
