LightWave Acquisition Corp. Announces Closing of $215,625,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option

Group 1 - LightWave Acquisition Corp. closed its initial public offering (IPO) of 21,562,500 units at an offering price of $10.00 per unit, including the full exercise of the underwriters' over-allotment option for an additional 2,812,500 units [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with whole warrants allowing the purchase of one Class A ordinary share at $11.50 per share [1] - The units are listed on the Nasdaq Global Market under the ticker symbol "LWACU," with separate trading expected for Class A ordinary shares and warrants under the symbols "LWAC" and "LWACW," respectively [1] Group 2 - The net proceeds from the offering and a simultaneous private placement of units will be used to pursue and consummate a business combination with one or more businesses [2] - BTIG, LLC is the sole book-running manager for the offering, while Roberts and Ryan, Inc. acts as co-manager [2] Group 3 - LightWave Acquisition Corp. is a special purpose acquisition company (SPAC) formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination, primarily focusing on the technology industry [5] - The management team includes Robert M. Bennett as CEO and Chairman, and William W. Bunker as CFO and Vice Chairman, along with board members Robert Hochberg, Charlotte S. Blechman, and Allen C. Dickason [5]