Blockchain Moon Acquisition Corp. Reveals Closing Of $100m IPO


]]]] >]] > New York, NY, Oct. 21, 2021–(via Blockchain Wire )Blockchain Moon Acquisition Corp. (Nasdaq: BMAQU) (the “Business” or “Blockchain Moon”) today revealed the closing of its going public of 10,000,000 systems. The units were sold at a rate of $10.00 per system, resulting in overall gross earnings of $100,000,000, prior to subtracting underwriting discount rates, commissions, and other offering costs. Each system consists of one share of common stock, one right to get one-tenth (1/10) of a share of common stock upon the consummation of a preliminary service combination, and one redeemable warrant to acquire one-half (1/2) of a share of typical stock at a cost of $11.50 per entire share.

The systems began trading on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “BMAQU” on October 19, 2021. As soon as the securities comprising the systems start different trading, the shares of common stock, rights and warrants are anticipated to be listed on Nasdaq under the symbols “BMAQ,” “BMAQR” and “BMAQW,” respectively.

The underwriters have been granted a 45-day option to purchase approximately an additional 1,500,000 units at the going public price to cover over-allotments, if any.

Chardan acted as sole book-running supervisor in the offering.

A registration declaration connecting to these securities was declared efficient by the U.S. Securities and Exchange Commission (the “SEC”) on October 18, 2021. The offering was made just by ways of a prospectus, copies of which …



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