Nova Vision Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering
06 August 2021 - 1:10AM
via NewMediaWire -- Nova Vision Acquisition Corp. (NASDAQ: NOVVU,
the “Company”) announced today that it priced its initial public
offering of 5,000,000 units at $10.00 per unit. The units are
expected to be listed on the NASDAQ Capital Market (“NASDAQ”) and
trade under the ticker symbol “NOVVU” beginning August 6, 2021.
Each unit consists of one ordinary share, one warrant to purchase
one-half (1/2) of one share at $11.50 per whole share, and one
right to receive one-tenth (1/10) of an ordinary share. Once the
securities comprising the units begin separate trading, the
ordinary shares, warrants, and rights are expected to be listed on
the NASDAQ under the symbols “NOVV”, “NOVVW”, and “NOVVR”
respectively.
The offering is expected to close on August 10,
2021, subject to customary closing conditions.
EF Hutton, division of Benchmark Investments,
LLC and Brookline Capital Markets, a division of Arcadia
Securities, LLC acted as joint book-running managers in the
offering.
A registration statement relating to these
securities was declared effective by the Securities and Exchange
Commission on August 5, 2021. The offering is being made only by
means of a prospectus, copies of which may be obtained, when
available, by contacting EF Hutton, a division of Benchmark
Investments, LLC – 590 Madison Avenue, 39th Floor, New York, NY
10022, and Brookline Capital Markets, a division of Arcadia
Securities, LLC – 280 Park Avenue, Suite 43W, New York, NY
10017.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Nova Vision Acquisition Corp.
Nova Vision Acquisition Corp. is a blank check
company formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses. Nova
Vision Acquisition Corp. anticipates target companies that focus in
the fintech, proptech, consumertech, and supply chain management
industries or technology companies that serve these or other
sectors.
Forward Looking Statements
This press release includes forward-looking
statements that involve risks and uncertainties. Forward looking
statements are statements that are not historical facts. Such
forward-looking statements, including the successful consummation
of the Company’s initial public offering, are subject to risks and
uncertainties, which could cause actual results to differ from the
forward looking statements. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in the Company’s expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based.
Contact: Nova Vision
Acquisition Corp. Investor Relations
info@novavisionacquisition.com
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