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Mercato Partners Acquisition Corp. Files for IPO

Dow Jones Newswires ·  Oct 13, 2021 17:32
   By Stephen Nakrosis 

Mercato Partners Acquisition Corp., a blank-check company whose sponsor is affiliated with private investment firm Mercato Management LLC, filed for a $200 million initial public offer on Wednesday.

Mercato Management was founded in 2007 and "successfully raised eight funds across four different strategies," the company said.

The company also said it intends to "focus on a target business operating in either the technology or branded consumer products sector."

Mercato Partners Acquisition Corp. said it applied to list its units on the Nasdaq Global Market under the symbol MPRAU.

BofA Securities is listed as the offering's sole book-running manager.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

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