MOZAYYX Acquisition Prices Upsized $261 Mln IPO At $10 Per Unit
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MOZAYYX Acquisition Corp. has priced its upsized IPO at $10 per unit, raising $261 million from the sale of 26.1 million units. Trading is set to begin on February 25 on the NYSE under the symbol "MZYX.U." Each unit includes one Class A ordinary share and a quarter of a redeemable warrant. The company has also granted underwriters a 45-day option to purchase an additional 3.915 million units. The Cayman Islands-based SPAC plans to pursue various business combinations.
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