LUXAU News

Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New filings kept steady with six IPOs and five SPACs (...read more

Lux Health Tech Acquisition, a blank check company formed by Lux Capital targeting a healthtech business, raised $300 million by offering 30 million units at $10, as expected. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. Lux Capital has agreed to buy $15 million worth of units from the company at the time of a business...read more

Lux Health Tech Acquisition, a blank check company formed by Lux Capital targeting a healthtech business, filed on Friday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at...read more