IPOs

Healthcare SPAC LifeSci Acquisition sets terms for $50 million IPO

LifeSci Acquisition, a blank check company targeting healthcare industry, announced terms for its IPO on Friday.

The New York, NY-based company plans to raise $50 million by offering 5 million units at a price of $10 and would command a market value of $63 million. Each unit consists of one share of common stock and one warrant exercisable at $11.50.

LifeSci Acquisition was founded in 2018 and plans to list on the Nasdaq under the symbol LSACU. Chardan Capital Markets is the sole bookrunner on the deal.

Healthcare SPAC LifeSci Acquisition sets terms for $50 million IPO

Investment Disclosure: Renaissance IPO ETF (symbol: IPO) Renaissance International ETF (symbol: IPOS)

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