secwatch.observer — SEC 8-K summary
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Issuer:     Fifth Era Acquisition Corp I (FERA)
CIK:        0002025401
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001213900-26-041771
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025401/000121390026041771/0001213900-26-041771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025401/000121390026041771/ea0285577-8k425_fifthera1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-041771

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