Company Overview - MOZAYYX Acquisition Corp. is a blank check company incorporated under the laws of the Cayman Islands, aiming to engage in mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities [3]. Initial Public Offering (IPO) Details - The company closed its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $300 million before deducting underwriting discounts and estimated offering expenses [1]. - The offering included the issuance of 3,900,000 units due to the underwriter's partial exercise of its overallotment option [1]. - The units began trading on the New York Stock Exchange under the ticker symbol "MZYX.U" on February 25, 2026 [1]. Unit Composition - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [2]. - Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "MZYX" and "MZYX.WS," respectively [2]. Underwriting and Regulatory Information - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [3]. - A registration statement on Form S-1 relating 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
Globenewswire·2026-02-26 23:40