LAMF Global Ventures Corp. I
LGVCW
NASDAQ Global Market0.08
USD
+0.02
- -
CIK
0001879297
ISIN
KYG5338L1243
CUSIP
G5338L124
Return %
Stock
S&P500
1Y
-15.79
26.84
3Y
-82.98
77.03
5Y
-82.98
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Simon Horsman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 9255 Sunset Boulevard West Hollywood CA United States of America 90069
- CIK
- 0001879297
- Website
- lamfglobal.com
- Similar Companies
- Business
- LAMF Global Ventures Corp. I (NASDAQ:LGVCW) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing operations other than pursuing mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities. The company targets opportunities in media, entertainment, sports, e-commerce, and technology industries; it leverages industry expertise from affiliates including Los Angeles Media Fund and 10X Capital. Founded in 2021 and headquartered in West Hollywood, California, LAMF Global Ventures Corp. I raised capital through a $220 million initial public offering in November 2021, holding funds in trust for strategic transactions. In a major development completed as of May 1, 2024, LAMF Global Ventures Corp. I was acquired by Nuvo Group Ltd. through a reverse merger transaction, valuing Nuvo at a pre-money equity valuation of approximately $269 million (potentially up to $300 million upon achieving commercial milestones). Shareholders approved the business combination in April 2024 following a definitive agreement announced in August 2023; the deal positioned Nuvo, a developer of the FDA-cleared INVU remote pregnancy monitoring platform, as the surviving public entity listed on Nasdaq under the ticker NUVO. This transaction marked the culmination of LAMF's SPAC mandate, with post-merger leadership transitioning to Nuvo's CEO, Kelly Londy, and additional commitments from Chairman Jeffrey Soros and 10X Capital affiliates.