MOZAYYX Acquisition Corp. closes upsized $300M SPAC IPO, deposits proceeds in trust

MOZAYYX Acquisition Corp.

Sold 30,000,000 units at $10.00 each, including partial over-allotment of 3,900,000 units, for $300M gross proceeds.
Private placement of 3,610,000 warrants at $2.00 each to sponsor and Cantor Fitzgerald & Co. raised $7.22M.
Net proceeds of $300M placed in trust account; public shares subject to possible redemption at $10.00 per share.
Company has 24 months to complete initial business combination; no target has been selected yet.

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