Global Lights Acquisition Corp Announces Closing of $69 Million Initial Public Offering

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- Global Lights Acquisition Corp (NASDAQ: GLAC) (the "Company"), a blank check company incorporated in the Cayman Islands, today announced that it closed its initial public offering of 6,900,000 units at a price of $10.00 per unit, which includes the full exercise of the underwriter's over-allotment option. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading under the ticker symbol "GLAC" on November 14, 2023. Each unit consists of one ordinary share and one right entitling the holder to receive one-sixth (1/6) of one ordinary share upon consummation of an initial business combination. After the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols "GLAC" and "GLACR," respectively.

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