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home / news releases / IPOS - LMF Acquisition shareholders approve business combination with SeaStar Medical


IPOS - LMF Acquisition shareholders approve business combination with SeaStar Medical

  • The shareholders of LMF Acquisition Opportunities ( NASDAQ: LMAO ), a special purpose acquisition company sponsored by LM Funding America ( NASDAQ: LMFA ), have approved a business combination with the medical technology company SeaStar Medical.
  • SeaStar Medical had agreed to go public in the U.S. via a merger with the SPAC in April in a deal that valued the former at $85M.
  • In a special meeting of the stockholders held on Oct. 18, more than 96% of the votes cast were in favor of the business combination.
  • ~79% of LMAO's issued and outstanding shareholders had cast their votes at the meeting.
  • Post the closing of the business combination, LMAO will be renamed SeaStar Medical Holding.
  • The shares and warrants are expected to begin trading on Nasdaq under the new ticker symbols ICU and ICUCW, respectively.
  • LMAO shares were trading +13.27% pre-market.
  • Source: Press Release

For further details see:

LMF Acquisition shareholders approve business combination with SeaStar Medical
Stock Information

Company Name: Renaissance Capital Greenwich Fund
Stock Symbol: IPOS
Market: NYSE

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