Market Technology Acquisition, a blank check company targeting US equities and options clearing infrastructure, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock, and one-half of one warrant to purchase a share, exercisable at $11.50.
Market Technology Acquisition is led by CEO and Chairman Jonathan Slone, the CEO of uSmart Capital. He is joined by CFO, COO, and Director Christopher Hayes, a former Managing Director and Head of Strategic Transformation of Wedbush Securities. The SPAC intends to target the acquisition, recapitalization, and scaling of US equities and options clearing infrastructure.
The Rhinebeck, NY-based company was founded in 2026. It plans to list on the Nasdaq under the symbol MTAKU. BTIG is the sole bookrunner on the deal.
