FoxWayne Enterprises Acquisition Corp. announced today that has closed its initial public offering of 5,750,000 units at $10.00 per unit, which included the full exercise of the underwriters' over-allotment option. The units are listed on the Nasdaq Capital Market under the ticker symbol "FOXWU". Each unit consists of one share of the Company's Class A common stock and one redeemable warrant. Each warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols "FOXW," and "FOXWW," respectively.

FoxWayne is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on the biotechnology and/or telemedicine sector of the healthcare industry or the technology industry in North America. The Company is led by Chairman and Chief Executive Officer, Robb Knie.

Kingswood Capital Markets, division of Benchmark Investments, Inc. acted as the sole book running manager for the offering. Sheppard, Mullin, Richter, & Hampton LLP served as counsel to the Company and Ellenoff Grossman & Schole LLP served as counsel to the underwriters in this offering.