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Nvni Group (Mercato Partners Acquisition) Priced, Nasdaq: NVNI

Blank check company formed by Mercato Partners targeting tech or branded consumer products (completed 9/29/2023).

Industry: SPAC

Latest Trade: $1.40 0.00 (0.0%)

First Day Return: +0.3%

Return from IPO: -86.0%

Industry: SPAC

We are a newly incorporated blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. Mercato Management, LLC, a technology and branded consumer products focused private investment firm, is our advisor and an affiliate of our sponsor, Mercato Partners Acquisition Group, LLC. We intend to capitalize on the ability of our management team and the broader Mercato Partners platform to identify, acquire and operate a business in either the technology or branded consumer products sector that possesses the suitable characteristics to achieve attractive long-term risk adjusted returns, though we reserve the right to pursue an acquisition opportunity in any business or industry.
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IPO Data
IPO File Date 10/13/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BofA Securities
Company Data
Headquarters Cottonwood Heights, UT, United States
Founded 2021
Employees 2
Website mercatopartners.com

Nvni Group (Mercato Partners Acquisition) (NVNI) Performance