August 7, 2022

Tricia Oak

Business & Finance Excellency

Skyway Funds Markets Advises SPAC on $85 Million Health-related Engineering Merger

TAMPA, Fla.–(Business WIRE)–Skyway Funds Markets, LLC (“Skyway”) is happy to announce the merger of SeaStar Clinical, Inc. (“SeaStar Medical”), a professional medical engineering corporation building extracorporeal therapies to minimize the effects of extreme swelling on critical organs, and LMF Acquisition Prospects, Inc. (Nasdaq: LMAO) (“LMAO”), a publicly traded exclusive purpose acquisition enterprise. Skyway Funds Marketplaces LLC served as sole money and valuation advisor to LMAO in relationship with the proposed enterprise mixture.

The transaction is anticipated to provide SeaStar Healthcare with access to the funds markets and thus place the corporation to accelerate the enhancement and improvement of its direct plans for acute kidney personal injury (AKI) in the two pediatric and adult individuals, as perfectly as progress other SeaStar Professional medical programs in acute and serious indications.

SeaStar Medical’s Selective Cytopheretic Gadget (“SCD”) is a patented, mobile-directed, extracorporeal immunomodulator that selectively targets activated neutrophils and monocytes to address hyperinflammation. Neutrophils and monocytes are the cellular mediators that drive systemic swelling, which when spreading uncontrollably by the human body can guide to organ injury, organ failure or death. The SCD technology targets the mobile drivers of inflammation to restore harmony in the physique and most likely reverse the damage. SeaStar Healthcare intends to post SCD for approval with the Food and drug administration underneath the Humanitarian Device Exemption to start commercialization for the procedure of pediatric AKI and progress SCD into a pivotal trial for treatment method of AKI in grownups.

LMAO CEO, Bruce Rodgers, commented “We consulted with the Skyway staff informally all through our lookup for a SPAC concentrate on. Skyway understands non-public, general public, and SPAC M&A transactions and is capable to explain their nuanced variances to focus on possession. The Seastar option was introduced on a tight timeline. Skyway’s wellbeing treatment and clinical unit market depth permitted us to examine this transaction within just the required timeline to get to definitive settlement. . We are psyched for what the future holds for SeaStar Professional medical with LMAO’s monetary methods driving them.”

Russ Hunt, CEO of Skyway Funds Marketplaces, commented “With about 600 special intent acquisition companies racing towards the clock to obtain and shut a transaction before their vehicles expire, in an surroundings the place incredibly number of are in fact succeeding, we are unbelievably very pleased of our staff at Skyway for acquiring this transaction across the end line. We are even far more very pleased of the quality of the target brought to the table and the long term progress probable LMAO traders will now have entry to. Healthcare and technologies go on to be interesting sectors and we continue being very lively in both equally.”

Skyway Cash Markets Chairman, Marty Traber, extra “Our household and founder owned business enterprise shoppers ask us routinely about SPACs as alternatives for expansion money and or partial liquidity functions. We inform our clients that SPACs can be a fantastic possibility for the suitable circumstance, but they are not effortless transactions to close. Using the services of the ideal M&A advisor is always crucial, but even extra so when it will come to successfully executing a SPAC transaction.”

Skyway Money Marketplaces, LLC is a main M&A advisor to intently held, founder-owned, loved ones-owned center-sector corporations, and decide on community businesses.

About Skyway Capital Marketplaces

Skyway Money Markets is a nationwide, industry-major, award profitable boutique expense financial institution with a potent existence in the tech and telecom sectors. The organization is effective with middle market firms, community and private, by means of personalized monetary advisory companies like company finance, capital raises, public and private choices, mergers & acquisitions, fairness thoughts, restructurings, and recapitalizations. Skyway Capital Marketplaces is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For further facts, make sure you go to www.skywaycapitalmarkets.com.

About SeaStar Clinical, Inc.

Denver-based mostly SeaStar Medical is a privately-held professional medical know-how company that is concentrating on redefining how extracorporeal therapies may reduce the penalties of too much inflammation on important organs. SeaStar Medical’s novel technologies depend on science and innovation to offer lifetime-preserving alternatives to critically-ill people. It is developing and commercializing extracorporeal therapies that goal the effector cells that drive systemic irritation, creating immediate tissue injury and secreting a assortment of pro-inflammatory cytokines that initiate and propagate imbalanced immune responses. For a lot more information stop by http://seastarmedical.com/.

About LMF Acquisition Options, Inc.

LMF Acquisition Possibilities, Inc. (Nasdaq: LMAO) is a distinctive goal acquisition corporation formed for the goal of effecting a merger, cash stock exchange, asset acquisition, inventory acquire, reorganization or related small business mixture with one or much more organizations.. LMAO is led by Bruce M. Rodgers, Chief Government Officer and Chairman of the Board. For extra information, take a look at www.lmfacquisitions.com.