Skyway Capital Markets Advises SPAC on $85 Million Medical Technology Merger

TAMPA, Fla.–(Company WIRE)–Skyway Money Marketplaces, LLC (“Skyway”) is delighted to announce the merger of SeaStar…

Skyway Capital Markets Advises SPAC on $85 Million Medical Technology Merger

TAMPA, Fla.–(Company WIRE)–Skyway Money Marketplaces, LLC (“Skyway”) is delighted to announce the merger of SeaStar Professional medical, Inc. (“SeaStar Medical”), a professional medical technological know-how enterprise establishing extracorporeal therapies to reduce the outcomes of too much swelling on essential organs, and LMF Acquisition Alternatives, Inc. (Nasdaq: LMAO) (“LMAO”), a publicly traded distinctive intent acquisition corporation. Skyway Cash Marketplaces LLC served as sole fiscal and valuation advisor to LMAO in relationship with the proposed business combination.

The transaction is expected to deliver SeaStar Professional medical with access to the cash markets and thus place the enterprise to speed up the development and improvement of its guide programs for acute kidney injury (AKI) in the two pediatric and grownup people, as effectively as advance other SeaStar Clinical applications in acute and long-term indications.

SeaStar Medical’s Selective Cytopheretic Machine (“SCD”) is a patented, cell-directed, extracorporeal immunomodulator that selectively targets activated neutrophils and monocytes to address hyperinflammation. Neutrophils and monocytes are the mobile mediators that push systemic inflammation, which when spreading uncontrollably as a result of the human body can lead to organ damage, organ failure or loss of life. The SCD know-how targets the mobile motorists of inflammation to restore balance in the physique and potentially reverse the damage. SeaStar Health care intends to submit SCD for approval with the Food and drug administration beneath the Humanitarian Gadget Exemption to start commercialization for the treatment method of pediatric AKI and advance SCD into a pivotal demo for treatment method of AKI in grownups.

LMAO CEO, Bruce Rodgers, commented “We consulted with the Skyway crew informally throughout our look for for a SPAC concentrate on. Skyway understands non-public, general public, and SPAC M&A transactions and is ready to describe their nuanced variances to focus on possession. The Seastar chance was offered on a restricted timeline. Skyway’s wellness care and clinical gadget business depth allowed us to evaluate this transaction in just the necessary timeline to reach definitive agreement. . We are energized for what the potential holds for SeaStar Clinical with LMAO’s fiscal resources behind them.”

Russ Hunt, CEO of Skyway Money Markets, commented “With over 600 unique objective acquisition companies racing towards the clock to uncover and near a transaction before their motor vehicles expire, in an environment where by incredibly couple of are really succeeding, we are very very pleased of our staff at Skyway for acquiring this transaction throughout the finish line. We are even extra proud of the high quality of the goal introduced to the table and the potential growth likely LMAO investors will now have accessibility to. Healthcare and engineering carry on to be desirable sectors and we keep on being highly lively in each.”

Skyway Funds Markets Chairman, Marty Traber, added “Our spouse and children and founder owned company shoppers request us on a regular basis about SPACs as possibilities for progress money and or partial liquidity activities. We inform our consumers that SPACs can be a fantastic solution for the right scenario, but they are not easy transactions to near. Selecting the proper M&A advisor is constantly significant, but even a lot more so when it comes to effectively executing a SPAC transaction.”

Skyway Cash Marketplaces, LLC is a foremost M&A advisor to carefully held, founder-owned, loved ones-owned middle-sector firms, and pick general public organizations.

About Skyway Cash Marketplaces

Skyway Funds Markets is a nationwide, current market-main, award winning boutique financial commitment lender with a solid presence in the tech and telecom sectors. The organization works with middle market companies, general public and personal, by means of personalized money advisory expert services such as company finance, money raises, public and non-public choices, mergers & acquisitions, fairness viewpoints, restructurings, and recapitalizations. Skyway Cash Marketplaces is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For supplemental information and facts, make sure you pay a visit to www.skywaycapitalmarkets.com.

About SeaStar Health-related, Inc.

Denver-based mostly SeaStar Medical is a privately-held medical technological innovation corporation that is focusing on redefining how extracorporeal therapies may minimize the outcomes of extreme swelling on crucial organs. SeaStar Medical’s novel systems depend on science and innovation to supply existence-preserving methods to critically-unwell individuals. It is acquiring and commercializing extracorporeal therapies that concentrate on the effector cells that drive systemic irritation, producing direct tissue injury and secreting a vary of pro-inflammatory cytokines that initiate and propagate imbalanced immune responses. For more details pay a visit to http://seastarmedical.com/.

About LMF Acquisition Options, Inc.

LMF Acquisition Possibilities, Inc. (Nasdaq: LMAO) is a distinctive function acquisition enterprise fashioned for the goal of effecting a merger, funds stock trade, asset acquisition, stock order, reorganization or very similar small business mix with 1 or far more enterprises.. LMAO is led by Bruce M. Rodgers, Chief Govt Officer and Chairman of the Board. For extra information and facts, go to www.lmfacquisitions.com.