First Light Acquisition Corp. (FLAG.U) Prices $200M IPO


First Light Acquisition Corp. (FLAG.U) Prices $200M IPO

Sep 10, 2021 IPOs by Marlena Haddad

First Light Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “FLAGU” Friday, September 10.

The Company intends to partner with a business that has proprietary technologies and market-disruptive applications with multiple use-cases, including commercial and/or defense markets. First Light is led by CEO, President and Chairman William J. Weber and CFO and Secretary Michael J. Alber.

Total SPAC deal count for 2021 year-to-date is now 426. This offering is expected to close on Tuesday, September 14.

Guggenheim Securities served as the sole book-running manager on the offering. Weil, Gotshal & Manges LLP is serving as Issuer’s Counsel with Sidley Austin LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.