LSAC News

DMB Acquisition, the third blank check company formed by LifeSci Capital targeting the healthcare industry, withdrew its plans for an initial public offering on Thursday. It had filed in July 2021 to raise $75 million by offering 7.5 million shares at $10. The company did not plan to offer units with warrants attached. Originally filing as LifeSci Acquisition III, the SPAC...read more

LifeSci Acquisition III, the third blank check company formed by LifeSci Capital targeting the healthcare industry, filed on Friday with the SEC to raise up to $75 million. The New York, NY-based company plans to raise $75 million by offering 7.5 million shares at $10. The company is not offering units with warrants attached. At the proposed deal size, LifeSci Acquisition III would...read more

Lexington Strategic Asset, a real estate operating company focused on non-traditional real estate sectors, decided not to proceed with its IPO Wednesday citing market conditions. The company originally filed in August 2006, and was expected to be listed on the NASDAQ under the ticker "LSAC." Friedman Billings was the lead manager on the deal....read more