Nova Vision Acquisition Corp. Announces Closing of $57,500,000 Initial Public Offering
10 August 2021 - 6:37PM
via NewMediaWire -- Nova Vision Acquisition Corp.
(NASDAQ: NOVVU, the "Company") announced today that it closed
its initial public offering of 5,750,000 units
at $10.00 per unit, including 750,000 units sold as part
of the underwriter's overallotment option. Each unit consists of
one ordinary share, one warrant to purchase one-half (1/2) of one
ordinary share at $11.50 per whole share, and one right to receive
one-tenth (1/10) of an ordinary share.
The units are listed on the Nasdaq Capital Market
("NASDAQ ") and trade under the ticker symbol "NOVVU". 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.
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 and Brookline Capital Markets, a division of
Arcadia Securities, LLC.
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 StatementsThis 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
Relationsinfo@novavisionacquisition.com
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