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Murano Global Investments (HCM Acquisition) Priced, Nasdaq: MRNO

Blank check company formed by Hondius Capital Management targeting fintech (completed 3/20/2024).

Industry: SPAC

Latest Trade: $9.53 -0.34 (-3.4%)

First Day Return: -0.1%

Return from IPO: -1.3%

Industry: SPAC

We are a blank check company formed in February 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We currently intend to concentrate our efforts in identifying businesses which provide disruptive technology or innovations within the financial services industry. We will seek to acquire established businesses that we believe are fundamentally sound, but in need of our assistance to maximize their potential value. This assistance could be financial, operational, strategic, or managerial. We may target earlier stage companies which are at the forefront of shifts in the industry, have the potential to change the industry, and have the ability to significantly scale with our input of capital and management expertise. We do not intend to acquire companies with speculative business plans or companies that are excessively leveraged. The financial services sector has gone through significant changes recently as it has sought to adopt new technologies and innovations.
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IPO Data
IPO File Date 03/01/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/20/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 25.0
Deal Size ($mm) $250
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters Stamford, CT, United States
Founded 2021
Employees at IPO 2

Murano Global Investments (HCM Acquisition) (MRNO) Performance