Lazard Fintech Acquisition Corp. I and Lazard Healthcare Acquisition Corp. I file registration statements for IPO
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NEW YORK, March 22, 2021 – 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 unit s 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 prospectusny@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.
About Lazard
Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.
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