March 5, 2021
Business News

Liberty Media Acquisition Corporation Announces Pricing of $500,000,000 Initial Public Offering


ENGLEWOOD, Colo.–()–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. The units are expected to be listed on the Nasdaq Stock Exchange (“Nasdaq”) and trade under the ticker symbol “LMACU” beginning January 22, 2021. Each unit consists of one share of Series A common stock and one-fifth of one redeemable warrant. Each whole warrant may be exercised for one share of Series A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once…



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