MOZAYYX Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering
Globenewswire·2026-02-26 23:40

Group 1 - The company, MOZAYYX Acquisition Corp., successfully closed its upsized initial public offering (IPO) of 30,000,000 units at a price of $10.00 per unit, generating gross proceeds of $300 million before deductions [1][3] - The units began trading on the New York Stock Exchange (NYSE) under the ticker symbol "MZYX.U" on February 25, 2026 [1] - Each unit consists of one Class A ordinary share and one-quarter of a redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 [2] Group 2 - The company is a blank check company incorporated under the laws of the Cayman Islands, aiming to pursue a merger, share exchange, asset acquisition, or similar business combination with one or more entities [3] - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [3] - A registration statement on Form S-1 related to the offering was filed with the SEC and declared effective on February 24, 2026 [5]

MOZAYYX Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering - Reportify