Mana Capital Acquisition Corp. closes IPO and private placement, raising $64.5M

Cardio Diagnostics Holdings, Inc.

IPO of 6.2M units at $10 each generated gross proceeds of $62M.
Private placement of 2.5M warrants at $1 each to sponsor raised $2.5M.
Total of $62M placed in trust account at J.P. Morgan Chase with Continental Stock Transfer as trustee.
Underwriters partially exercised over-allotment for 300K additional units ($3M); 75K shares issued to sponsor.
SPAC has 9–21 months to complete a business combination; no operations yet.

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