New York, NY, Oct. 21, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire) Blockchain Moon Acquisition Corp. (Nasdaq: BMAQU) (the “Firm” or “Blockchain Moon”) immediately introduced the closing of its preliminary public providing of 10,000,000 items. The items have been bought at a value of $10.00 per unit, leading to complete gross proceeds of $100,000,000, previous to deducting underwriting reductions, commissions, and different providing bills. Every unit consists of 1 share of widespread inventory, one proper to obtain one-tenth (1/10) of a share of widespread inventory upon the consummation of an preliminary enterprise mixture, and one redeemable warrant to buy one-half (1/2) of a share of widespread inventory at a value of $11.50 per complete share.
The items started buying and selling on The Nasdaq International Market (“Nasdaq”) beneath the ticker image “BMAQU” on October 19, 2021. As soon as the securities comprising the items start separate buying and selling, the shares of widespread inventory, rights and warrants are anticipated to be listed on Nasdaq beneath the symbols “BMAQ,” “BMAQR” and “BMAQW,” respectively.
The underwriters have been granted a 45-day choice to buy as much as a further 1,500,000 items on the preliminary public providing value to cowl over-allotments, if any.
Chardan acted as sole book-running supervisor within the providing.
A registration assertion relating to those securities was declared efficient by the U.S. Securities and Change Fee (the “SEC”) on October 18, 2021. The providing was made solely via a prospectus, copies of which can be obtained by contacting Chardan, 17 State Avenue, twenty first Flooring, New York, New York 10004, or by calling (646) 465-9001. Copies of the registration assertion might be accessed by the SEC’s web site at www.sec.gov.
This press launch shall not represent a suggestion to promote or a solicitation of a suggestion to purchase, nor shall there be any sale of those securities in any state or jurisdiction during which such provide, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
About Blockchain Moon Acquisition Corp.
Blockchain Moon is a clean test firm fashioned for the aim of effecting a enterprise mixture with a number of companies. Though there isn’t any restriction or limitation on what trade or geographic area its goal operates in, Blockchain Moon intends to pursue potential targets which are excessive progress companies in blockchain applied sciences in North America, Europe and Asia. The proceeds of the providing will likely be used to fund such enterprise mixture. The Blockchain Moon Acquisition Corp workforce consists of blockchain trade traders and executives together with Enzo Villani, Chairman and CEO, Wes Levitt, Chief Monetary Officer and board members John Jacobs, Michael Terpin, James Haft and David Shafrir.
Cautionary Observe Regarding Ahead-Wanting Statements
This press launch contains forward-looking statements that contain dangers and uncertainties. Ahead wanting statements are statements that aren’t historic details. Such forward-looking statements, together with the seek for an preliminary enterprise mixture, are topic to dangers and uncertainties, which might trigger precise outcomes to vary from the forward-looking statements. The Firm expressly disclaims any obligations or endeavor to launch publicly any updates or revisions to any forward-looking statements contained herein to mirror any change within the Firm’s expectations with respect thereto or any change in occasions, circumstances or circumstances on which any assertion relies.