Lightwave Acquisition Corp. (LWACU) Prices $187.5M IPO

Lightwave Acquisition Corp. (NASDAQ:LWACU) announced the pricing of its $187.5 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LWACU”, Wednesday, June 25, 2025.

The new SPAC plans to combine with a technology target or another industry that complements its management team’s background.

Lightwave’s management team is led by Chairman and Chief Executive Officer Robert M. Bennett alongside Vice-Chairman and Chief Financial Officer William W. Bunker. The Board also includes Charlotte S. Blechman, Robert Hochberg and Allen C. Dickason.

Total SPAC deal count for 2025 year-to-date is now 60. This offering is expected to close on Thursday, June 26, 2025.

BTIG, LLC is acting as sole book-running manager for the offering. Roberts and Ryan, Inc. is acting as co-manager. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff, Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.