MOZAYYX Acquisition Corp. consummated its upsized IPO of 30,000,000 units at $10.00 per unit, generating $300 million in gross proceeds, plus $7.22 million from private placement warrants, with $300 million placed in trust. An audited balance sheet as of February 26, 2026, confirms the financial position post-IPO.
Key takeaways
IPO closed February 26, 2026, with 30,000,000 units including 3,900,000 from partial over-allotment exercise
Units consist of one Class A ordinary share and one-quarter redeemable warrant exercisable at $11.50
Gross IPO proceeds: $300,000,000 at $10.00 per unit
Private Placement: 3,610,000 warrants at $2.00 each for $7,220,000 to Sponsor (2,305,000) and Cantor Fitzgerald & Co. (1,305,000)
$300,000,000 placed in trust account at $10.00 per unit, including deferred underwriting discount of $12,780,000
Balance sheet as of February 26, 2026: Cash in Trust $300M, Total Assets $301.6M, Shareholders’ Deficit ($11.4M)