I'm LongbridgeAI, I can summarize articles.Muzero Acquisition, a SPAC focused on technology-enabled businesses, has priced its IPO at $175 million, offering 17.5 million shares at $10 each. Each unit includes one share and a half warrant at $11.50. Led by Chairman Sheldon Trainor-DeGirolamo, the company aims to target tech-enabled firms globally. Founded in 2025 and based in New York, it plans to list on Nasdaq as MUZEU, with BTIG as the sole bookrunner.
Muzero Acquisition, a blank check company targeting technology-enabled businesses, raised $175 million by offering 17.5 million shares at $10. Each unit consists of one share of common stock and one-half of one warrant exercisable at $11.50 per share.
Muzero Acquisition is led by Chairman Sheldon Trainor-DeGirolamo, the founder and Managing Director of PacBridge Capital Partners. He also currently sits on the board of Bitdeer (BTDR; +39% from $10 offer price) which merged with SPAC Blue Safari Group Acquisition in April 2023. He is joined by CEO and Director Von Lam, the founder and Managing Partner of Falcon Partners, and CFO Yuming Zou, the CFO and Director of Fangzhou (HKx: 6086). The SPAC plans to target businesses that are technology-enabled across any industry or geographical location.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol MUZEU. BTIG acted as sole bookrunner on the deal.