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Lux Capital-backed blank check company prices $300M IPO

Oct 28, 2020 - SNL Financial
Mergers and Acquisitions

The units will be listed on the Nasdaq Stock Market under the symbol LUXAU.

Lux Capital Management-backed Lux Health Tech Acquisition Corp. priced its IPO of 30.0 million units at $10.00 apiece.

The New York-based blank check company granted underwriters a 45-day overallotment option to purchase up to 4.5 million additional units.

Each unit consists of one share of the company's class A common stock and one-third of one warrant, with each whole warrant exercisable at $11.50 per...