Model Performance Acquisition Corp. (NASDAQ:MPAC) announced this afternoon that it has completed its business combination with MultiMetaVerse.
MultiMetaVerse Inc., an animation and entertainment company devoted to establishing an open community for its global users and to providing high-quality and immersive entertainment experiences is expected to begin trading tomorrow, January 5, on the Nasdaq Global Market under the ticker symbol “MMV”. Its warrants will commence trading under the ticker symbol “MMVWW”.
Model Performance initially inked its $300 million deal with MultiMetaVerse in August 2021. MMV is an animation and entertainment company that serves as an open community for its global users comprised of animation viewers, game players, and content creators and provides high-quality and immersive entertainment.
Vickers Vantage II (NASDAQ:VCKBU) has gotten the band back together for a run at a SPAC deal with a $180 million vehicle after a nearly three-year break. The new SPAC is to have its trust slightly over-funded to 100.25% with $10.025 per unit in trust initially and those units are to each contain 1 right to...
YHN I (NASDAQ:YHNA) has entered into a definitive agreement to combine with Mingde Technology for $396 million in equity consideration. Transaction Overview YHN I has an estimated $61.6 million in its current trust, having IPO’d in September 2024. It has until December 20, 2025 to complete a deal under its current deadline. The two sides...
At the SPAC of Dawn While the markets digest the impact of the US’ new broad-based tariffs on the rest of the world, SPACs are making their first moves in the new landscape. As SPACInsider previewed in a post yesterday, Hennessy VI (NASDAQ:HCVI) was set to be the first shoe to drop as it had...
The tariffs have landed, and they appear set to define market conditions for the foreseeable future for ongoing SPAC target searches, but even more so for SPACs that have already announced a deal. The trade war comes at an awkward time for SPACs as 60% of pending business combinations – 55 of 91 – are...
At the SPAC of Dawn Trump’s tariffs have finally been unveiled and the markets for the moment are reeling with futures down nearly -3.8% for the Nasdaq and -2.8% for the Dow. International markets have so far seen shallower dips during the day’s trading, which could mean that the waters will calm as the day...