Articles from Mercator Acquisition Corp.
NORWALK, CT, July 10, 2026 (GLOBE NEWSWIRE) -- Mercator Acquisition Corp. (Nasdaq: MRCOU) (the “Company”) announced today the closing of its previously announced initial public offering of 15,000,000 units, including 2,250,000 units issued pursuant to the full exercise of the underwriter of its over-allotment option. The units were sold at a price of $10.00 per unit. The Company’s units began trading on July 9, 2026 on the Nasdaq Global Market under the symbol “MRCOU”. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant is exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the ticker symbols “MRCO” and “MRCOW,” respectively.
By Mercator Acquisition Corp. · Via GlobeNewswire · July 10, 2026
NORWALK, CT , July 08, 2026 (GLOBE NEWSWIRE) -- Mercator Acquisition Corp. (the “Company”), a blank check company whose business purpose is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, announced today that it has priced its initial public offering of 15,000,000 units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading tomorrow, July 9, 2026, under the ticker symbol “MRCOU." Each whole warrant is exercisable to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq under the symbols “MRCO” and “MRCOW,” respectively.
By Mercator Acquisition Corp. · Via GlobeNewswire · July 8, 2026