MOZAYYX Acquisition Corp. closes upsized $300 million IPO of 30 million units
MOZAYYX Acquisition Corp., a blank check company, closed its upsized initial public offering of 30,000,000 units at $10.00 per unit on February 26, 2026, generating $300 million in gross proceeds. The full $300 million was placed in a U.S.-based trust account, and the company completed a private sale of 3,610,000 warrants at $2.00 each for $7.22 million. The filing states the company has not selected a business combination target, so shareholders' funds stay in trust until a deal is completed or public shares are redeemed.
Key points
- 30,000,000 units sold at $10.00 each on February 26, 2026, including 3,900,000 units from the partial exercise of the underwriters' over-allotment option
- $300,000,000 placed in a trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee
- Private placement of 3,610,000 warrants at $2.00 each for $7,220,000; 2,305,000 sold to the sponsor and 1,305,000 to Cantor Fitzgerald & Co.
- The company has not selected a business combination target and has 24 months from the IPO closing to complete one
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.