---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-041771"
form_type: "8-K"
ticker: "FERA"
cik: "0002025401"
company_name: "Fifth Era Acquisition Corp I"
filed_at: "2026-04-09T23:59:59+00:00"
generated_at: "2026-05-15T06:50:10.681512+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FERA SPAC to merge with strategic metals platform Miotal in $10B transaction

## Summary
- Business combination values Miotal at $10B; each Holdco ordinary share priced at $10.00.
- Miotal holds ultrafine copper (6N purity), nickel wire, and rare earth metals with estimated total value ~$35B based on market prices; stored in Switzerland.
- Combination expected to close in H1 2026, subject to FERA shareholder approval, regulatory conditions, and Nasdaq listing.
- Sponsor agrees to vote in favor; will cover excess transaction costs above $15M or reduce share consideration.
- Holdco board to consist of 7 directors: CEO, one sponsor designee, five Miotal designees.

## SEC filing metadata
- accession: 0001213900-26-041771
- form_type: 8-K
- ticker: FERA
- cik: 0002025401
- company_name: Fifth Era Acquisition Corp I
- filed_at: 2026-04-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2025401/000121390026041771/0001213900-26-041771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2025401/000121390026041771/ea0285577-8k425_fifthera1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-041771
- JSON: https://secwatch.observer/filing/0001213900-26-041771.json
- Plain text: https://secwatch.observer/filing/0001213900-26-041771.txt

## Key facts
- Material Agreements
  Fifth Era Acquisition Corp I entered into Business Combination Agreement with SMT Holdings Limited (effective 2026-04-07).
  - Action: entry
  - Agreement: merger
  - Counterparty: SMT Holdings Limited
  - Effective: 2026-04-07
  source text: As of April 7, 2026, Fifth Era Acquisition Corp I, a Cayman Islands exempted company (“ FERA ”), entered into a Business Combination Agreement (the “ Business Combination Agreement ”), by and among FERA, Miotal SPAC HoldCo, Inc., a Cayman Islands exempted company (“ Holdco ”), PENNY Merger Sub, Inc., a Cayman Islands exempted company (“ Merger Sub ”) and SMT Holdings Limited, an Abu Dhabi Global Market Private Company Limited by Shares (the “ Company ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025401/000121390026041771/0001213900-26-041771-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.