Longevity Acquisition Corporation Prices $40 Million SPAC

IPO

Longevity Acquisition Corporation Prices $40 Million SPAC

Aug 28, 2018 INTEL by Kristi Marvin

Longevity Acquisition Corp. announced the pricing of their $40 million SPAC tonight and the unit will begin trading on the Nasdaq tomorrow morning under the symbol LOACU.

Longevity is being led by Matthew Chen, as Chairman and CEO and intends to focus on companies in the PRC.

Total 2018 deal count is now 31 SPACs with $7.105 billion in total gross proceeds raised.

Congratulations to all.

Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering.