TAMPA, Fla.–(Business enterprise WIRE)–Skyway Capital Marketplaces, LLC (“Skyway”) is pleased to announce the merger of SeaStar Medical, Inc. (“SeaStar Medical”), a medical engineering business acquiring extracorporeal therapies to minimize the implications of excessive swelling on crucial organs, and LMF Acquisition Prospects, Inc. (Nasdaq: LMAO) (“LMAO”), a publicly traded distinctive objective acquisition organization. Skyway Money Markets LLC served as sole economic and valuation advisor to LMAO in connection with the proposed company blend.

The transaction is predicted to give SeaStar Health care with entry to the cash markets and therefore situation the company to accelerate the development and progression of its guide systems for acute kidney damage (AKI) in both pediatric and grownup individuals, as nicely as advance other SeaStar Health-related programs in acute and continual indications.

SeaStar Medical’s Selective Cytopheretic Unit (“SCD”) is a patented, mobile-directed, extracorporeal immunomodulator that selectively targets activated neutrophils and monocytes to tackle hyperinflammation. Neutrophils and monocytes are the cellular mediators that generate systemic inflammation, which when spreading uncontrollably via the body can lead to organ injury, organ failure or dying. The SCD technology targets the cellular drivers of irritation to restore equilibrium in the physique and probably reverse the harm. SeaStar Health-related intends to submit SCD for acceptance with the Food and drug administration below the Humanitarian Machine Exemption to start commercialization for the procedure of pediatric AKI and advance SCD into a pivotal demo for remedy of AKI in older people.

LMAO CEO, Bruce Rodgers, commented “We consulted with the Skyway workforce informally all through our lookup for a SPAC target. Skyway understands personal, general public, and SPAC M&A transactions and is capable to make clear their nuanced discrepancies to target ownership. The Seastar opportunity was offered on a tight timeline. Skyway’s well being care and professional medical device field depth authorized us to appraise this transaction within the necessary timeline to get to definitive arrangement. . We are thrilled for what the potential retains for SeaStar Professional medical with LMAO’s money methods behind them.”

Russ Hunt, CEO of Skyway Cash Marketplaces, commented “With over 600 special intent acquisition firms racing towards the clock to come across and shut a transaction right before their vehicles expire, in an surroundings where by quite number of are actually succeeding, we are amazingly happy of our staff at Skyway for finding this transaction throughout the end line. We are even additional very pleased of the quality of the target brought to the desk and the potential growth opportunity LMAO traders will now have entry to. Health care and technological innovation proceed to be beautiful sectors and we keep on being extremely energetic in both equally.”

Skyway Funds Marketplaces Chairman, Marty Traber, extra “Our family members and founder owned enterprise purchasers talk to us often about SPACs as choices for growth money and or partial liquidity events. We inform our shoppers that SPACs can be a wonderful option for the correct problem, but they are not quick transactions to close. Selecting the appropriate M&A advisor is normally significant, but even much more so when it will come to successfully executing a SPAC transaction.”

Skyway Funds Marketplaces, LLC is a leading M&A advisor to closely held, founder-owned, loved ones-owned center-marketplace corporations, and pick out public businesses.

About Skyway Money Markets

Skyway Capital Marketplaces is a nationwide, industry-leading, award successful boutique financial commitment lender with a strong presence in the tech and telecom sectors. The organization works with center current market providers, community and personal, by custom-made money advisory products and services like company finance, money raises, public and personal offerings, mergers & acquisitions, fairness thoughts, restructurings, and recapitalizations. Skyway Money Marketplaces is headquartered in Tampa, Florida and is a member of FINRA and SIPC. For more info, please pay a visit to www.skywaycapitalmarkets.com.

About SeaStar Medical, Inc.

Denver-based mostly SeaStar Health care is a privately-held health care technology firm that is concentrating on redefining how extracorporeal therapies might decrease the consequences of abnormal irritation on important organs. SeaStar Medical’s novel systems count on science and innovation to offer everyday living-saving solutions to critically-sick individuals. It is developing and commercializing extracorporeal therapies that goal the effector cells that drive systemic irritation, creating direct tissue injury and secreting a assortment of pro-inflammatory cytokines that initiate and propagate imbalanced immune responses. For more information and facts visit http://seastarmedical.com/.

About LMF Acquisition Options, Inc.

LMF Acquisition Chances, Inc. (Nasdaq: LMAO) is a exclusive function acquisition company shaped for the objective of effecting a merger, funds inventory trade, asset acquisition, inventory obtain, reorganization or very similar business enterprise mixture with 1 or additional firms.. LMAO is led by Bruce M. Rodgers, Chief Government Officer and Chairman of the Board. For far more info, visit www.lmfacquisitions.com.

By Anisa