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Mars Acquisition Priced, Nasdaq: MARX

Blank check company targeting the technology innovations market (pending: ScanTech AI Systems).

Industry: SPAC

Latest Trade: $11.13 0.00 (0.0%)

First Day Return: +1.7%

Return from IPO: +11.3%

Industry: SPAC

We are a blank check company. Our acquisition strategy will seek to capitalize on M&A and operational expertise and relationship of both our management team and our board of directors, to identify attractive businesses that have capacity to grow rapidly by utilizing a public vehicle. Although we are not limited to any particular industry, we intend to primarily focus on companies operating in crypto-currency and block-chain, electronic vehicles, healthcare technology, financial technology, cleantech, specialty manufacturing, big data and artificial intelligence and any other related technology innovations market. Our team has experience in all of these areas and will rely heavily on our knowledge base and broad array of contacts in identifying and structuring a transaction that creates robust shareholder value potential. There is no restriction in the geographic location of targets that we can pursue, although we intend to initially prioritize geographic locations in Asia, as our officers and directors consist of successful entrepreneurs and senior executives with decades of operating and M&A experiences in the region.
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IPO Data
IPO File Date 05/26/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 6.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/13/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 6.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 3

Mars Acquisition (MARX) Performance