---
title: "SPAC Freedom Metals Acquisition prices $275 million IPO, targeting critical minerals and mining"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292066628.md"
description: "SPAC Freedom Metals Acquisition priced its $275 million IPO, offering 27.5 million units at $10 each. The company targets businesses in the critical minerals and mining sector, focusing on assets essential for national defense, clean energy, and technology. Led by CEO Peter Finan and CFO Martin Zinny, it will trade on Nasdaq under FDMMU, with Cohen & Company Securities as sole bookrunner."
datetime: "2026-07-08T12:15:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292066628.md)
  - [en](https://longbridge.com/en/news/292066628.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292066628.md)
---

# SPAC Freedom Metals Acquisition prices $275 million IPO, targeting critical minerals and mining

Freedom Metals Acquisition, a blank check company targeting critical minerals and mining, raised $275 million by offering 27.5 million units at $10. Each unit consists of one share of common stock, and one-third of one warrants to purchase a share, exercisable at $11.50.

Freedom Metals Acquisition is led by **CEO Peter Finan**, the Managing Principal of Serus Legal and Chief Legal Officer and Director of EdelGas Group. He is joined by **CFO Martin Zinny**, who previously served as the Head of Corporate Access and Research Sales for Point72. The SPAC intends to target businesses that own, operate, or are developing assets within the critical minerals and mining sector. More specifically, businesses with strategically significant resource infrastructure spanning exploration, processing, production, refining, and recycling of minerals essential to national defense, clean energy independence, and technological advancement.

The Miami, FL-based company will trade on the Nasdaq under the symbol FDMMU. Cohen & Company Securities acted as sole bookrunner on the deal.

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