Lux Capital-backed SPAC files for $300M IPO
The offering consists of 30.0 million units priced at $10.00 apiece.
Lux Health Tech Acquisition Corp., a blank check company backed by venture capital firm Lux Capital Management, filed for an IPO of 30.0 million units at $10.00 apiece.
The offering grants the underwriters a 45-day overallotment option to acquire up to 4.5 million additional units. Each unit comprises one class A common share and one-third of one redeemable warrant, with each warrant exercisable at $11.50 per share.
The company aims to list its units on the Nasdaq Capital Market under the LUXA.U symbol, while its common shares and warrants will be listed under the LUXA and LUXA.W symbols, respectively. It intends to target businesses in the healthcare and technology s...