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home / news releases / LMAO - SeaStar Medical to go public via SPAC deal for enterprise value of ~$85M

LMAO - SeaStar Medical to go public via SPAC deal for enterprise value of ~$85M

LMF Acquisition Opportunities Inc.
SeaStar Medical has agreed to go public in the U.S. via a merger with special purpose acquisition company (SPAC) LMF Acquisition Opportunities (NASDAQ:LMAO) in a deal for an enterprise value of about $85M for SeaStar. Denver, Colo.-based SeaStar is a privately held medical technology company that is developing solutions to help reduce the consequences of excessive inflammation on vital organs. The transaction was unanimously approved by both SeaStar and LMAO's boards, and the combined entity will be known as SeaStar Medical Holding Corporation, the companies said in a statement on Friday. LMAO stock +0.3% at $10.16 in morning trade.

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SeaStar Medical to go public via SPAC deal for enterprise value of ~$85M
Stock Information
Company Name: LMF Acquisition Opportunities Inc.
Stock Symbol: LMAO
Market: NASDAQ
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