ClosedPublished 7 May 2024

LAMF /
Nuvo

LAMF Global Ventures Corp. I completes business combination involving Nuvo Group Ltd.

Buy side: LAMF
Buy sideLAMF
Target: Nuvo
TargetNuvo
Source · 7 May 2024Source-verified
Buy side: LAMF
Buy sideLAMF
Target: Nuvo
TargetNuvo
01 / BuyerLAMF
02 / TargetNuvo
Source-verified
01

What happened

On May 1, 2024, LAMF Global Ventures Corp. I completed a business combination involving Nuvo Group Ltd. Nuvo continued as the surviving corporation of the acquisition merger.

Nuvo shares were converted into Holdco ordinary shares using an equity exchange ratio of 96.139%. The filing describes an approximate $300 million equity value upon achievement of a commercial milestone.

02

The source

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01
Source · Original source

LAMF Global Ventures Corp. I completes business combination involving Nuvo Group Ltd.

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03

Timeline

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  2. Published by the source

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