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LifeSci Acquisition Corp. Announces Partial Exercise and Closing of Over-Allotment Option in Public Offering
[March 23, 2020]

LifeSci Acquisition Corp. Announces Partial Exercise and Closing of Over-Allotment Option in Public Offering


NEW YORK, March 23, 2020 (GLOBE NEWSWIRE) -- LifeSci Acquisition Corp. (NASDAQ: LSACU), a blank check company targeting the biopharma, medical technology, digital health and healthcare services sectors, today announced the underwriters of its previously announced public offering of units partially exercised their over-allotment option, resulting in the issuance of an additional 563,767 units.  The units are listed on the NASDAQ Capital Market (“NASDAQ”) and began trading under the symbol “LSACU” on March 6, 2020. Each unit consists of one share of common stock and one redeemable warrant, with each warrant entitling the holder to purchase one-half of one share of common stock at a price of $11.50 per whole share. Once the shares of common stock and warrants begin separate trading, they are expected to be listed on NASDAQ under the symbols  “LSAC,” and “LSACW,” respectively. The option was granted in connection with the initial public offering of 6,000,000 units at a public offering price of $10.00 per share, which closed on March 10, 2020.

Chardan acted as sole book running manager for the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 5, 2020. The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Chardan Capital Markets, LLC, 17 State Street, 21st floor, New York, New York 10004. Copies of the registration statement can be accessed throug the SEC's website at www.sec.gov.



This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale 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.

About LifeSci Acquisition Corp.
LifeSci Acquisition Corp. (NASDAQ:LSAC) is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to pursue prospective targets that are focused on healthcare innovation in North America or Europe. For more information, please visit www.lifesciacquisition.com.


Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the LifeSci Acquisition Corp.’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. LifeSci Acquisition Corp. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in LifeSci Acquisition Corp.’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Media Contact
Kristin Politi, Ph.D.
LifeSci Communications
(646) 876-4783
kpoliti@lifescicomms.com

Corporate Contact
David Dobkin
CFO, LifeSci Acquisition
(212) 915-2571
david@lifesciacquisition.com

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