Blockchain Moon Acquisition, a blank check company targeting blockchain technology businesses in North America, Europe, and Asia, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business combination, and one warrant to purchase one-half of a share, exercisable at $11.50.
The company is led by CEO and Chairman Enzo Villani, the CEO and CIO of Alpha Sigma Capital and the former Head of International Strategy and Innovation at OKEx. The company plans to target blockchain technology located in North America, Europe, and Asia, focusing on businesses that have leveraged blockchain technology to develop and disrupt current markets in finance, supply-chain, gaming, or entertainment.
Blockchain Moon Acquisition plans to list on the Nasdaq under the symbol BMAQU. Chardan Capital Markets acted as sole bookrunner on the deal.
