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Stock impact report

LifeSci Acquisition Corp. Announces Closing of $60 Million Initial Public Offering

LifeSci Acquisition Corp. (LSACU) 
Company Research Source: GlobeNewswire
NEW YORK, March 10, 2020 (GLOBE NEWSWIRE) -- LifeSci Acquisition Corp. (NASDAQ: LSACU), a blank check company targeting the biopharma, medical technology, digital health and healthcare services sectors, announced today that it closed its initial public offering of 6,000,000 units, upsized from 5,000,000 units, at a price of $10.00 per unit. The underwriters have been granted a 45-day option to purchase up to an additional 900,000 units offered by LifeSci Acquisition to cover over-allotments, if any. The units are listed on the NASDAQ Capital Market (“NASDAQ”) and began trading under the symbol “LSACU” on March 6, 2020. Each unit consists of one share of common stock and one redeemable warrant, with each warrant entitling the holder to purchase one-half of one share of common stock at a price of $11.50 per whole share. Once the shares of common stock and warrants begin separate trading, they are expected to be listed on NASDAQ under the symbols “LSAC,” and “LSACW,” respectively. Cha Show less Read more
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