Locust Walk Acquisition (LWACU) Stock Price, News & Analysis

Company Overview

Locust Walk Acquisition Corp. is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination. Units of the company trade on the OTC Markets under the symbol LWACU. As a blank-check vehicle, Locust Walk Acquisition has no operations or revenues until it completes its inaugural business combination.

The company is sponsored by Locust Walk Partners, an investment platform focused on growth-oriented opportunities across technology, consumer products, financial services and related sectors. Locust Walk Acquisition seeks to leverage its sponsor’s experience in private equity and corporate finance to identify target companies with strong growth potential and to guide them through the transition to a publicly traded entity.

Proceeds from the public offering are held in a trust account pending the identification and approval of a suitable business combination. Locust Walk Acquisition is governed by a board and management team with backgrounds in investment banking, private equity and capital markets. To date, the company has not announced a definitive agreement for a business combination and continues to evaluate potential targets.

Key Stats

• Today's Range: $10.01 to $10.01
• 50-Day Range: $10.01 to $10.17
• 52-Week Range: $10.00 to $10.50
• Volume: 110 shs
• Average Volume: 75,633 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

LWACU Stock Analysis - Frequently Asked Questions

How have LWACU shares performed this year?

Locust Walk Acquisition's stock was trading at $17.29 at the start of the year. Since then, LWACU stock has decreased by 42.1% and is now trading at $10.01.

When did the company's quiet period expire?

Locust Walk Acquisition's quiet period expired on Monday, August 4th. Locust Walk Acquisition had issued 18,750,000 shares in its IPO on June 25th. The total size of the offering was $187,500,000 based on an initial share price of $10.00. During the company's quiet period, insiders and underwriters involved in the IPO were restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Locust Walk Acquisition?

Shares of LWACU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Manufacturing
• Industry: Pharmaceutical Preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: OTCMKTS:LWACU
• CIK: 1828522
• Web: www.locustwalkacquisitioncorp.com
• Phone: (858) 925-8215
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A