Model Performance Acquisition Corp. (MPACU)
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7.97 USD
( - -2.07 USD)
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DESCRIPTION
Model Performance Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Central, Hong Kong.
NEWS
Model Performance Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering
globenewswire.com
2021-04-07 19:19:00HONG KONG, April 07, 2021 (GLOBE NEWSWIRE) -- Model Performance Acquisition Corp. (NASDAQ: MPACU) (“Model Performance Acquisition Corp.” or the "Company") announced the pricing of its initial public offering of 5,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "MPACU" beginning April 8, 2021. Each unit consists of one Class A ordinary share, one half of one redeemable warrant, and one right to receive one-tenth of one Class A ordinary share upon the consummation of the Company's initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to be traded on the NASDAQ under the symbols "MPAC," "MPACW," and "MPACR," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
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Model Performance Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering
globenewswire.com
2021-04-07 19:19:00HONG KONG, April 07, 2021 (GLOBE NEWSWIRE) -- Model Performance Acquisition Corp. (NASDAQ: MPACU) (“Model Performance Acquisition Corp.” or the "Company") announced the pricing of its initial public offering of 5,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market ("NASDAQ") and trade under the ticker symbol "MPACU" beginning April 8, 2021. Each unit consists of one Class A ordinary share, one half of one redeemable warrant, and one right to receive one-tenth of one Class A ordinary share upon the consummation of the Company's initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to be traded on the NASDAQ under the symbols "MPAC," "MPACW," and "MPACR," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.