Qomolangma Acquisition Corp. Announces Pricing of $50

NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) — Qomolangma Acquisition Corp., a Delaware corporation (NASDAQ: QOMOU) (the “Company”) announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit.

The Company’s units are expected to be listed on The NASDAQ Capital Market (“Nasdaq”) and trade under the ticker symbol “QOMOU” beginning Friday, September 30, 2022. Each unit consists of one share of common stock, par value $0.0001 per share, one right to receive one-tenth (1/10) of a share of common stock and one redeemable warrant to acquire one share of common stock, at an exercise price of $11.50 per share. The underlying securities of the units are not trading separately at this time. Once the securities comprising the units begin separate trading, the shares, rights, and warrants are expected to be listed on Nasdaq under the symbols “QOMO”, “QOMOR” and “QOMOW”, respectively.

Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunner and the representative of the underwriters in the offering. The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units offered by the Company to cover over-allotments, if any.

The offering is expected to close on Tuesday, October 4, 2022 subject to customary closing conditions.

The Company’s sponsor, Qomolangma Investments LLC, a Delaware limited liability company, and/or its designees, has committed and agreed to purchase an aggregate of 260,500 units (or 284,875 units if the over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,605,000 (or $2,848,750 if the over-allotment option is exercised in full), in a private placement that will close simultaneously with the closing of the initial public offering. Each private placement unit shall consist of one share of common stock, one right to receive one-tenth (1/10) of a share of common stock upon the…