Nova Vision Acquisition Corp. (NOVVU) Prices $50M IPO

Nova Vision Acquisition Corp. announced the pricing of its $50 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “NOVVU”, Friday, August 6.

The new company intends to combine with a data-driven business in the proptech, fintech, consumertech, or supply chain management industries that has business operations in Asia. Nova Vision is led by CEO and CFO Eric Ping Hang Wong along with Chairman Wing-Ho Ngan.

Total SPAC deal count for 2021 year-to-date is now 394. This offering is expected to close on Tuesday, August 10.

EF Hutton, division of Benchmark Investments, LLC and Brookline Capital Markets, a division of Arcadia Securities, LLC acted as joint book-running managers in the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Friedman LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.