Lazard Fintech Acquisition Corp. I & Lazard Healthcare Acquisition Corp. I File Registration Statements for Initial Public Of...
March 22 2021 - 5:49AM
Business Wire
Lazard Ltd (NYSE: LAZ) announced today that each of Lazard
Fintech Acquisition Corp. I (“LFTA”) and Lazard Healthcare
Acquisition Corp. I (“LHCA”) have publicly filed registration
statements on Form S-1 (the “LFTA Registration Statement” and “LHCA
Registration Statement”, respectively) with the U.S. Securities and
Exchange Commission (the “SEC”) relating to each of their proposed
initial public offerings of 25,000,000 units at a price of $10.00
per unit, each unit consisting of one Class A ordinary share and
one-fifth of one redeemable warrant. LFTA intends to apply to list
the units on Nasdaq under the ticker symbol “LFTAU”. LHCA intends
to apply to list the units on Nasdaq under the ticker symbol
“LHCAU”.
The proposed offering by LFTA is separate from the proposed
offering by LHCA, and neither proposed offering is conditioned upon
the other. Each offering is subject to market and other conditions,
and there can be no assurance as to whether or when any offering
may be completed, or as to the actual size or terms of any
offering.
LFTA and LHCA are each newly organized blank check companies,
incorporated as Cayman Islands exempted companies for the purpose
of effecting a merger, share exchange, asset acquisition, share
purchase, reorganization or similar business combination with one
or more businesses. LFTA believes high growth private companies in
the financial technology industry present particularly attractive
investment opportunities, though it will not be limited to a
particular industry or geographic region in its identification and
acquisition of a target company. LHCA believes high growth private
companies in the healthcare industry present particularly
attractive investment opportunities, though it will not be limited
to a particular industry or geographic region in its identification
and acquisition of a target company.
Goldman Sachs & Co. LLC is acting as sole book-running
manager for both proposed offerings, and Lazard Frères & Co.
LLC is acting as financial advisor to both LFTA and LHCA.
The proposed offering by LFTA will be made only by means of an
LFTA prospectus, which forms a part of the LFTA Registration
Statement. The proposed offering by LHCA will be made only by means
of an LHCA prospectus, which forms a part of the LHCA Registration
Statement. Copies of the LFTA Registration Statement and the
preliminary prospectus included therein relating to the proposed
LFTA offering, and copies of the LHCA Registration Statement and
the preliminary prospectus included therein relating to the
proposed LHCA offering, when available, may be obtained for free by
visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively,
copies of either prospectus, when available, may be obtained from
Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282,
Attn: Prospectus Department, by telephone at 866-471-2526 or by
emailing prospectus-ny@ny.email.gs.com.
The LFTA Registration Statement relating to the proposed sale of
the LFTA securities has been filed with the SEC but has not yet
become effective. The LFTA securities may not be sold nor may
offers to buy be accepted prior to the time the LFTA Registration
Statement becomes effective. The LHCA Registration Statement
relating to the proposed sale of the LHCA securities has been filed
with the SEC but has not yet become effective. The LHCA securities
may not be sold nor may offers to buy be accepted prior to the time
the LHCA Registration Statement becomes effective.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any of these securities, nor shall
there be any sale of any 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. Any offers,
solicitations or offers to buy, or any sales of securities will be
made in accordance with the registration requirements of the
Securities Act of 1933, as amended.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
proposed initial public offerings by LFTA and LHCA. No assurance
can be given that either offering discussed above will be completed
on the terms described, or at all. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the LFTA and LHCA, as applicable, including those set
forth in the Risk Factors section of the LFTA Registration
Statement and the preliminary prospectus included therein, and the
Risk Factors section of the LHCA Registration Statement and the
preliminary prospectus included therein, respectively. Copies are
available on the SEC’s website at www.sec.gov. Neither LFTA nor
LHCA undertakes any obligation to update these statements for
revisions or changes after the date of this press release, except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210322005217/en/
LFTA Investor Contact Email: LFTAinfo@lazard.com
LHCA Investor Contact Email: LHCAinfo@lazard.com
Media Contact Judi Frost Mackey, +1 212 632 1428
judi.mackey@lazard.com
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