LightWave Acquisition Corp. closes $215.6 million IPO; proceeds placed in trust account
LightWave Acquisition Corp., a blank check company, completed its initial public offering of 21,562,500 units at $10.00 per unit on June 26, 2025, including full exercise of the underwriter's over-allotment option. The $215,625,000 in proceeds, plus private placement proceeds, was placed in a U.S.-based trust account, and the filing states the company has not yet selected a business combination target.
Key points
- IPO of 21,562,500 units at $10.00 per unit, generating gross proceeds of $215,625,000, closed June 26, 2025
- Over-allotment option exercised in full, covering 2,812,500 units
- Private placement of 606,250 units at $10.00 per unit, totaling $6,062,500, sold to the Sponsor and BTIG, LLC
- The company has not selected a business combination target and has 24 months from the IPO closing to complete one
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 02, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.