Lightwave acquisition corp. announces closing of $215,625,000 initial public offering, including full exercise of underwriters' over-allotment option

Dallas, tx, june 26, 2025 (globe newswire) -- lightwave acquisition corp. (the “company”), a newly organized special purpose acquisition company formed as a cayman islands exempted company, today announced the closing of its initial public offering of 21,562,500 units at an offering price of $10.00 per unit. this includes the exercise in full by the underwriters of their over-allotment option to purchase up to an additional 2,812,500 units. each unit consists of one class a ordinary share and one-half of one redeemable warrant. each whole warrant will entitle the holder thereof to purchase one class a ordinary share at $11.50 per share. the units are listed on the nasdaq global market (“nasdaq”) and trade under the ticker symbol “lwacu”. no fractional warrants will be issued upon separation of the units and only whole warrants will trade. once the securities comprising the units begin separate trading, the class a ordinary shares and the warrants are expected to be traded on nasdaq under the symbols “lwac” and “lwacw,” respectively.
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