SPAC Muzero Acquisition prices $175 million US IPO, targeting technology-enabled businesses
IPO Overview
Muzero Acquisition, a blank check company targeting technology-enabled businesses, raised $175 million by offering 17.5 million unit at $10. Each unit consists of one share of common stock and one-half of one warrant exercisable at $11.50 per share.
Muzero Acquisition is led by Chairman Sheldon Trainor-DeGirolamo, the founder and Managing Director of PacBridge Capital Partners. He also currently sits on the board of Bitdeer （BTDR; +33% from $10 offer price） which merged with SPAC Blue Safari Group Acquisition in April 2023. He is joined by CEO and Director Von Lam, the founder and Managing Partner of Falcon Partners, and CFO Yuming Zou, the CFO and Director of Fangzhou （HKx: 6086）。 The SPAC plans to target businesses that are technology-enabled across any industry or geographical location.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol MUZEU. BTIG acted as sole bookrunner on the deal.
About the Company
We are a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Although we currently intend to initially focus on target businesses that are technology-enabled across any industry, we may pursue an acquisition opportunity in any business, sector or geographical location. We intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business. We will seek to acquire established businesses of scale that we believe are poised for continued growth with capable management teams and proven unit economics, but potentially in need of financial, operational, strategic or managerial enhancement to maximize value. /We believe that the experience and capabilities of our management team will make us an attractive partner to potential target businesses, enhance our ability to complete a successful business combination, and bring value to the business post-business combination.