LAVA Medtech Acquisition Corp. Announces Closing of $115 Million Initial Public Offering Including Full Exercise of the Over-Allotment Option

Oct 29, 2021

Waltham, MA, Oct. 29, 2021 (GLOBE NEWSWIRE) -- LAVA Medtech Acquisition Corp. (the “Company”) today announced the closing of its initial public offering of 11,500,000 units at a price of $10.00 per unit, including 1,500,000 units pursuant to the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $115,000,000. The Company’s units commenced trading on the Nasdaq Global Market (“Nasdaq”) on October 27, 2021, under the ticker symbol “LVACU.”

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