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MOZAYYX Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering
Austin, TEXAS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- MOZAYYX Acquisition Corp. (NYSE: MZYX.U) (the “Company”) today announced that it closed its upsized initial public offering of 30,000,000 units at $10.00 per unit, including the issuance of 3,900,000 units as result of the underwriter’s partial exercise of its over-allotment option. The gross proceeds from the offering were $300 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the New York
About this update from Mozayyx Acquisition Corp.
[{"type":"text","content":"Austin, TEXAS, Feb. 26, 2026 (GLOBE NEWSWIRE) -- MOZAYYX Acquisition Corp. (NYSE: MZYX.U) (the “Company”) today announced that it closed its upsized initial public offering of 30,000,000 units at $10.00 per unit, including the issuance of 3,900,000 units as result of the underwriter’s partial exercise of its over-allotment option. The gross proceeds from the offering were $300 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “MZYX.U” on February 25, 2026.","length":579,"tagName":"p"},{"type":"text","content":"Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols “MZYX” and “MZYX.WS”, respectively.","length":410,"tagName":"p"},{"type":"text","content":"The Company is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.","length":285,"tagName":"p"},{"type":"text","content":"Cantor Fitzgerald & Co. acted as the sole book-running manager in the offering. The offering was made only by means of a prospectus, copies of which may be obtained from Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, New York, New York 10022; Email: [email protected], or from the SEC website at www.sec.gov.","length":350,"tagName":"p"},{"type":"text","content":"A registration statement on Form S-1 relating to the Offering (File No. 333-293134), as amended, was filed with the Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on February 24, 2026 and a registration statement on Form S-1MEF (File No. 333-293715) was filed on February 25, 2026 with the SEC which was effective automatically upon filing.","length":374,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or a solicitation of an offer to buy,...