other material
confidence high
sentiment neutral
materiality 0.30
Mana Capital Acquisition Corp. closes IPO and partial over-allotment, $65M in trust
Cardio Diagnostics Holdings, Inc.
- IPO of 6,200,000 units at $10.00/unit, gross proceeds of $62,000,000.
- Private placement of 2,500,000 warrants to sponsor at $1.00/warrant, gross $2,500,000.
- Underwriters partially exercised over-allotment: 300,000 additional units at $10.00, gross $3,000,000.
- Sponsor issued 75,000 common shares in connection with over-allotment exercise.
- Total trust proceeds of $65,000,000 from IPO, private placement, and over-allotment.