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  • Oct 23, 2024

      Show headlines and story abstract
    • 7:46PM ET on Wednesday Oct 23, 2024 by Dow Jones
      Companies Mentioned: OACCU

      Oaktree Acquisition Corp. III Life Sciences Announces Pricing of $175 Million Initial Public Offering
      LOS ANGELES--(BUSINESS WIRE)--October 23, 2024--
      Oaktree Acquisition Corp. III Life Sciences (the "Company"), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses or entities, priced its initial public offering of 17,500,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market and trade under the ticker symbol "OACCU" beginning on October 24, 2024. Each unit consists of one Class A ordinary share of the Company and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to adjustment. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on The Nasdaq Global Market under the symbols "OACC" and "OACCW," respectively.

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