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Metaverse Acquisition Filed Terms, Nasdaq: METAU.RC

Blank check company targeting the metaverse arena in North America, Europe, and Asia.

Industry: SPAC

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Industry: SPAC

We are a blank check company formed under the laws of the State of Delaware. Metaverse Acquisition Corp. embodies the complementary objectives of (1) generating outsized returns through the acquisition of a leading, innovative company in the metaverse sector and (2) supporting noteworthy causes through the donation of a portion of our founder shares. Our company, through our sponsor, has allocated 1,000,000 founder shares to be contributed to various non-profit organizations. While we may pursue an initial business combination target in any business, industry or geographical location, it is our intention to pursue prospective targets that are focused on opportunities within the metaverse arena, a high-growth market projected to grow at a CAGR of 13.1% to $800 billion by 2024 (Bloomberg Intelligence). As COVID has brought about fundamental changes and has accelerated pre-pandemic trends in physical human interaction, we believe that the adoption of the metaverse/Web 3.0 will create tremendous investment opportunities for our company. We anticipate targeting companies domiciled in North America, Europe and Asia, with an enterprise value of at least $500 million.
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IPO News for Metaverse Acquisition
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IPO Data
IPO File Date 05/13/2022
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2020
Employees 4