Mercator Acquisition Corp. (MRCOU) Prices $150M IPO

Mercator Acquisition Corp. (NASDAQ:MRCOU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MRCOU” on Thursday, July 9, 2026.

The new SPAC aims to focus on technology and software infrastructure companies whose products and services target financial services, real estate and asset management companies.

Mercator Acquisition Corp. is to be led by Chief Executive Officer and Chairman Shawn Matthews, President Shawn Matthews Jr. and Chief Financial Officer Steven Bischoff. James Nash, Steven Schwartz and Matthew Sweeney will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 123. This offering is expected to close on Friday, July 10, 2026.

Clear Street is acting as sole book-running manager for the offering. King & Spalding LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.