FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Locust Walk Acquisition Corp. Shares Skyrocket Upon Merger Approval”
Locust Walk Acquisition Corp. (NASDAQ: LWAC) surged 150% in premarket trading after the company’s stockholders approved all proposals related to the previously announced business combination with eFFECTOR Therapeutics, Inc.
The Business Combination is expected to close today, August 25th, and upon closing, the combined company expects that its common stock and public warrants will commence trading on Nasdaq under the new trading symbols “EFTR” and “EFTRW,” respectively, the following day.
Locust Walk Acquisition Corp. (NASDAQ: LWAC) is a blank-check company formed for the purpose of entering a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.
For more information, please visit: Locust Walk Acquisition Corp.
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