Brief: Nuvo Group Ltd Announce Intent To List Co On Nasdaq Through A Business Combination

Holdco Nuvo DG

28/04/2023 14:12

April 28 (Reuters) - LAMF Global Ventures I Corp
 LGVC.O :
    * NUVO GROUP LTD., A LEADING FDA-CLEARED INNOVATOR IN
PREGNANCY
CARE, AND LAMF GLOBAL VENTURES CORP I, LED BY CHAIRMAN JEFFREY
SOROS AND CEO SIMON HORSMAN, ANNOUNCE INTENT TO LIST NUVO ON
NASDAQ THROUGH A BUSINESS COMBINATION
    * LAMF GLOBAL VENTURES I CORP - LOI CONTEMPLATES A PRE-MONEY
EQUITY VALUATION OF $269 MILLION EXCLUDING A SELLER EARNOUT OF
ABOUT $31 MILLION
    * LAMF GLOBAL VENTURES I CORP - COMBINED PUBLIC COMPANY IS
EXPECTED TO BE LED BY NUVO'S CEO, KELLY LONDY
    * LAMF GLOBAL VENTURES I CORP - PARTIES EXPECT TO APPLY TO
LIST ON
NASDAQ UNDER TICKER "NUVO"

Source text for Eikon:  ID:nBw2sBxMqa 
Further company coverage:  LGVC.O 

 ((Reutersbriefs@thomsonreuters.com;))