Account Info
Log Out
Log in to access Online Inquiry
Back to the Top

Hmm? Interesting! Color me intrigued! Hehehe!

$Sidus Space(SIDU.US)$ $Intuitive Machines(LUNR.US)$  SPAC IPO!            -   Aerospace SPAC Mission Space Acquisition Looks to the Stars in Filling for $100 Million IPO
The Cape Canaveral-based blank-check company is eyeing opportunities in the aerospace and defense industries
Mission Space Acquisition Corp. is the latest special-purpose acquisition company to file for an initial public offering, with the SPAC filing paperwork for a $100 million IPO on Wednesday.
Mission Space Acquisition (MISNU), which is newly incorporated in the Cayman Islands, intends to focus on companies engaged in the U.S. aerospace and defense sectors, although it could acquire a business in any industry, according to its S-1 filing.
The Cape Canaveral-based blank-check company is looking to raise $100 million by offering 10,000,000 units. Each unit has an offering price of $10 and consists of one share of Class A ordinary shares and one-half of one redeemable warrant, according to the S-1. Each whole warrant entitles the holder to purchase one share of Class A ordinary shares at $11.50 per share.
Related: Intuitive Machines' stock surges, boosted by $30 million NASA lunar rover contract
The stock will trade on the New York Stock Exchange under the symbol "MISNU." B. Riley Securities is the sole underwriter of the IPO.
Mission Space Acquisition's chief executive is Kira Blackwell, a former executive within NASA's Space Technology Mission Directorate. Aerodyne Industries CEO and former NASA astronaut Andrew Allen serves as the SPAC's chief financial officer.
The company's board of directors will include Richard Ambrose, the former executive vice president of Lockheed Martin Corp.'s (LMT) Space division, former U.S. Navy Rear Admiral Thomas Zelibor and Paul J. Regan III, the former CFO of Lockheed Martin Rotary and Mission Systems. Steven Wasserman, a principal at MSP Sports Capital, will also serve as one of Mission Space Acquisition's independent directors.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Sign in to post a comment
  • LeoforDharma : I think LUNR stock wont increase till they reach the stage where their vehivle is being launched or they get new contracts.

    The initial 30M$ from NASA is just bread crumbs and investors dumped this stock after the press release of it.

    In mean time, this stock is dangerous to hold, better sell it now as the possibility of it reaching the 2 to 3s dollar is quite real.

  • TrytosaveabitOP LeoforDharma: Ok! Thanks. GL