MOZAYYX $261 Million IPO. Trailblazer + Cyabra Strategy Deal Approved. Cayson Extension Vote Set. Real Acquisition + IQM Deal.
SPAC IPO UPDATE
SPAC IPO Count
Ticker: MZYX (Units: MZYX.U)
Size: $261 Million
Mozayyx Acquisition Corp. priced its upsized $261 million initial public offering on February 24, 2026, and begins trading on the NYSE today. Originally filing for $250 million, the expansion to $261 million signals healthy investor appetite for new blank-check vehicles, even as the broader market remains selective. Based in Austin, Texas, Mozayyx enters the fray with a broad mandate to capture value in “frontier” and high-growth verticals where digital transformation is accelerating. The deal’s structure, supported by sole book-runner Cantor Fitzgerald & Co., suggests a focus on institutional-grade targets with proven technical moats.
Strategy: The SPAC is targeting high-growth sectors including Artificial Intelligence (AI), Fintech, Digital Assets, Cybersecurity, and Robotics. Management intends to leverage their professional capital to identify “thematic” opportunities that offer open-ended upside, specifically looking for companies that solve complex infrastructure or communication challenges within these technology stacks.
Leadership Team:
- Benjamin Zucker (CEO & CFO): A veteran of the capital markets with deep investment banking roots. Zucker previously served as Co-Head of Investment Banking at R.F. Lafferty and held senior roles at Spartan Capital Securities and EF Hutton, bringing significant experience in middle-market deal flow.
- Nat Turner (Director): A prominent entrepreneur and investor, well-known for co-founding Flatiron Health (acquired by Roche for $1.9 billion) and Invite Media (acquired by Google). His presence on the board adds significant operational and strategic weight to the team’s tech-sector credentials.
Structure: 26.1 million units at $10.00. Each unit consists of one Class A ordinary share and one-quarter (1/4) of one redeemable warrant. Each whole warrant is exercisable at $11.50 per share. The 25% warrant coverage is a standard feature for quality-tier SPACs, aiming to balance long-term upside for unit holders while limiting the heavy dilution often associated with half or full-warrant structures. The underwriters have a 45-day option to purchase up to an additional 3,915,000 units to cover any over-allotments.
| Date | Ticker | Issuer | IPO Size |
|---|---|---|---|
| Feb 25 | MZYX | MOZAYYX Acquisition Corp. | $261M |
| Feb 24 | CTAA | Clearthink 1 Acquisition Corp. | $150M |
| Feb 19 | AACO | ABONY ACQUISITION CORP I | $200M $30M overallotment |
| Feb 19 | ACAA | AVERIN CAPITAL ACQUISITION CORP | $250M |
| Feb 19 | PALO | PALOMA ACQUISITION CORP I | $150M |
| Feb 18 | AACI | ARMADA ACQUISITION CORP III | $225M $24M overallotment |
DAILY SPAC UPDATE
SPAC VOTE RESULTS
TBMC – TRAILBLAZER MERGER CORP I * Deal Approved with Cyabra Strategy Ltd.
SPAC DEAL & EXTENSION VOTES SET
CAPN – Cayson Acquisition Corp * EXTENSION VOTE SET: Mar 18, 2026 * trust $10.80
DeSPACs
Feb 25: SVII DeSPAC to Eagle Energy Metals Corp. (NUCL)
About Eagle Energy Metals Corp.
Eagle Energy Metals Corp. is a next-generation nuclear energy company that combines domestic uranium exploration with proprietary Small Modular Reactor (SMR) technology. The Company holds the rights to the largest mineable, measured and indicated uranium deposit in the United States, located in southeastern Oregon. This includes the Aurora deposit, with over 50 million pounds4 of near-surface uranium resource, and the adjacent Cordex deposit, which offers significant potential to expand the project’s overall resource inventory. By integrating advanced SMR technology with a sizeable uranium asset, Eagle is building an integrated nuclear platform positioned to help restore American leadership in the global nuclear industry.
OTHER SPAC NEWS
FTW – EQV VENTURES ACQUISITION CORP * Voting Agreement
CMCAF – CAPITALWORKS EMERGING MARKETS ACQUISITION CORP * Voting Agreement
SEPARATE WARRANTS/RIGHTS
Feb 27: SPACSPHERE ACQUISITION CORP (SSAC)
Feb 27: ART TECHNOLOGY ACQUISITION CORP (ARTC)
Feb 26: RF ACQUISITION CORP III (RFAM)
Feb 25: D BORAL ACQUISITION I CORP (DBCA)
Feb 24: IRIS ACQUISITION CORP II (IRAB)
Feb 24: WHITE PEARL ACQUISITION CORP (WPAC)
SPAC DEALS ANNOUNCED
Feb 23 | RAAQ – Real Asset Acquisition Corp + IQM US LLC
ABOUT IQM US LLC
IQM Finland Oy (“IQM”, “IQM Quantum Computers”, “Company”) is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its systems. IQM customers include leading high-performance computing centres, research laboratories, universities, and enterprises that require full access to quantum hardware and software. IQM has over 300 employees, with headquarters in Finland and a global presence including France, Germany, Italy, Japan, Poland, Saudi Arabia, Spain, Singapore, South Korea, Taiwan, UK and the United States.
SPAC EXECUTIVE & DIRECTOR MOVES
| Company | Ticker | Moves |
|---|---|---|
| ART TECHNOLOGY ACQUISITION CORP | ARTCU |
|
| PALOMA ACQUISITION CORP I | PALOU |
|
SPAC MOVERS
| Company | Ticker | Return | Price | Stage |
|---|---|---|---|---|
| TRAILBLAZER MERGER CORP I | TBMC | 26.7% | $ 12.81 | Announced |
| HORIZON SPACE ACQUISITION II CORP | HSPT | 19.0% | $ 12.81 | Announced |
| ASPAC III ACQUISITION CORP | ASPC | 2.5% | $ 12.00 | Announced |
| CANTOR EQUITY PARTNERS II INC | CEPT | 1.4% | $ 11.21 | Announced |
| BAYVIEW ACQUISITION CORP | BAYA | .8% | $ 11.90 | Announced |
| Company | Ticker | Return | Price | Stage |
|---|---|---|---|---|
| AIMEI HEALTH TECHNOLOGY CO LTD | AFJK | -4.0% | $ 35.27 | Announced |
| OAKTREE ACQUISITION CORP III LIFE SCIENCES | OACC | -1.0% | $ 10.58 | Pre-Deal |
| PERCEPTIVE CAPITAL SOLUTIONS CORP | PCSC | -.9% | $ 12.88 | Pre-Deal |
| EQV VENTURES ACQUISITION CORP II | EVAC | -.6% | $ 10.05 | Pre-Deal |
| ALCHEMY INVESTMENTS ACQUISITION CORP 1 | ALCY | -.5% | $ 11.71 | Announced |