Western Acquisition Ventures Corp. (WAVSU) Prices $100M IPO


Western Acquisition Ventures Corp. (WAVSU) Prices $100M IPO

Jan 11, 2022 IPOs by Marlena Haddad

Western Acquisition Ventures Corp. announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WAVSU” Wednesday, January 12.

The new SPAC intends to combine with a small or mid-cap target focused on infrastructure and environmental services; health, wellness, and food sustainability; fintech and financial services; enterprise software and SaaS; or leisure and hospitality. Western Acquisition Ventures Corp. is led by CEO Stephen Christoffersen, and CFO William Lischak.

Total SPAC deal count for 2022 year-to-date is now 7. This offering is expected to close on Friday, January 14.

A.G.P. acted as sole book running manager in the offering with Brookline Capital Markets, a division of Arcadia Securities, LLC, as co-manager. Reed Smith LLP is serving as Issuer’s Counsel with Sullivan & Worcester LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. American Stock Transfer & Trust is acting as trustee.