Metal Sky Star Acquisition closes IPO of 11.5M units at $10, raising $115M gross

Metal Sky Star Acquisition Corp

IPO of 11,500,000 units (incl. full over-allotment) at $10/unit, gross proceeds $115M.
Private placement of 330,000 units to sponsor M-Star Management for $3.3M.
Trust account holds $115.68M at April 5, 2022; total assets $115.74M.
Offering costs $5.7M including $2.875M deferred underwriting commissions.
Ordinary shares subject to possible redemption of $115M (11.5M shares).

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