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Nova Vision Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering

SINGAPORE – (NewMediaWire) – August 5, 2021 – Nova Vision Acquisition Corp. (NASDAQ: NOVVU,
the “Company”) announced today that it priced its initial public offering of 5,000,000
units at $10.00 per unit. The units are expected to be listed on the NASDAQ
Capital Market (“NASDAQ”) and trade under the ticker symbol “NOVVU” beginning
August 6, 2021. Each unit consists of one ordinary share, one warrant to
purchase one-half (1/2) of one share at $11.50 per whole share, and one right
to receive one-tenth (1/10) of an ordinary share. Once the securities
comprising the units begin separate trading, the ordinary shares, warrants, and
rights are expected to be listed on the NASDAQ under the symbols “NOVV”, “NOVVW”,
and “NOVVR” respectively.

The offering
is expected to close on August 10, 2021, subject to customary closing
conditions.

EF Hutton,
division of Benchmark Investments, LLC and Brookline Capital Markets, a
division of Arcadia Securities, LLC acted as joint book-running managers in the
offering.

A
registration statement relating to these securities was declared effective by
the Securities and Exchange Commission on August 5, 2021. The offering is being
made only by means of a prospectus, copies of which may be obtained, when
available, by contacting EF Hutton, a division of Benchmark Investments, LLC – 590
Madison Avenue, 39th Floor, New York, NY 10022, and Brookline Capital Markets,
a division of Arcadia Securities, LLC – 280 Park Avenue, Suite 43W, New York,
NY 10017.

This press
release shall not constitute an offer to sell or a solicitation of an offer to
buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state or
jurisdiction.

About Nova Vision Acquisition Corp.

Nova Vision Acquisition Corp. is a blank check
company formed for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business combination
with one or more businesses. Nova Vision Acquisition Corp. anticipates target companies
that focus in the fintech, proptech, consumertech, and supply chain management
industries

or technology companies that serve these or
other sectors. 

 

Forward Looking Statements

This press release includes forward-looking
statements that involve risks and uncertainties. Forward looking statements are
statements that are not historical facts. Such forward-looking statements,
including the successful consummation of the Company’s initial public offering,
are subject to risks and uncertainties, which could cause actual results to
differ from the forward looking statements. The Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change in the
Company’s expectations with respect thereto or any change in events, conditions
or circumstances on which any statement is based.

Contact:
Nova Vision Acquisition
Corp.
Investor Relations
info@novavisionacquisition.com

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