Liberty Media Acquisition Corporation Announces Pricing of $500,000,000 Initial Public Offering
On January 21, 2021, Liberty Media Acquisition Corporation (LMAC), a newly formed special purpose acquisition company and an indirect subsidiary of Liberty Media Corporation (Liberty), announced the pricing of its initial public offering of 50,000,000 units at a price of $10.00 per unit.
- On January 21, 2021, Liberty Media Acquisition Corporation (LMAC), a newly formed special purpose acquisition company and an indirect subsidiary of Liberty Media Corporation (Liberty), announced the pricing of its initial public offering of 50,000,000 units at a price of $10.00 per unit.
- LMAC intends to search for a target in the media, digital media, music, entertainment, communications, telecommunications and technology industries.
- Liberty Media Acquisition Corporation (LMAC) is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
- LMAC is an indirect subsidiary of Liberty Media Corporation, attributed to the Formula One Group tracking stock (NASDAQ: FWONA, FWONK).