MOZAYYX Acquisition, a blank check company targeting fintech, energy, cybersecurity, and other high-growth areas, raised $261 million by offering 26.1 million units at $10. The SPAC had originally filed to raise $250 million. Each unit still consists of one share of common stock and one-fourth of one warrant, exercisable at $11.50.
The SPAC is led by CEO and CFO Bejamin Zucker, who was previously the Co-Head of Investment Banking at R.F. Lafferty, and was the Managing Director of Investment Banking at Spartan Capital Securities and EF Hutton prior to that. MOZAYYX Acquisition plans to target high-growth areas, including fintech, energy, cybersecurity, infrastructure, robotics, and communications.
MOZAYYX Acquisition plans to list on the NYSE under the symbol MZYX.U. Cantor Fitzgerald acted as sole bookrunner on the deal.
