Launch One Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LPAAU”, Friday, July 12, 2024.
The new SPAC aims to combine with an established company of scale in healthcare and healthcare-related industries and, in particular, life sciences, globally.
Launch One’s sponsor team is to be led by Chairman Ryan Gilbert, CEO and Director Chris Ehrlich, and CFO Jurgen van de Vyver. Its Board is to be made up of nominees Brian G. Atwood, Rodney A. Ferguson, and Risa Stack.
Total SPAC deal count for 2024 year-to-date is now 19. This offering is expected to close on Monday, July 15, 2024.
Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with King & Spalding LLP serving as Underwriter’s Counsel. Withum Smith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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