other material
confidence high
sentiment neutral
materiality 0.55
Mana Capital Acquisition Corp. closes $62M IPO and $2.5M private placement
Cardio Diagnostics Holdings, Inc.
- Gross proceeds of $62M from IPO of 6.2M units at $10.00 each; units trade on Nasdaq under MAAQU.
- Additional $2.5M from private sale of 2.5M warrants to sponsor at $1.00 each.
- Total $62M placed in trust account; company has 9-21 months to complete initial business combination.
- Focus on targets in healthcare, technology, green economy, consumer products in NA, Europe, Asia.
- Underwriters granted 45-day option to purchase up to 930,000 additional units for over-allotments.