Merida Merger Corp. I

Merida Merger Corp. I

MCMJ
Merida Merger Corp. IUS flagNASDAQ Capital Market
6.53
USD
+0.10
- -
261.43MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
641 Lexington Ave Fl 18 New York City NY United States of America 10022
IPO Date
Nov 5, 2019
Business
Merida Merger Corp. I (NASDAQ: MCMJ) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the consumer, consumer technology, technology, or technology-enabled services sectors. The company offers no operating products or services prior to completing an initial business combination; its core activities include identifying and evaluating potential merger targets, conducting due diligence, negotiating transaction terms, and raising capital through its initial public offering and private placements to fund the de-SPAC process. It operates without current geographic revenue generation, with a focus on North American and global targets, and is headquartered in Miami Beach, Florida, founded in 2024 by Merida Capital Holdings, which serves as its sponsor. In terms of recent developments, Merida Merger Corp. I completed its initial public offering in March 2024, raising $230 million by issuing 23 million units at $10 each, providing a trust account balance for pursuing acquisitions. The company extended its deadline for completing an initial business combination multiple times, most recently to December 17, 2025, via shareholder-approved amendments allowing for operational continuity amid ongoing target searches. As of late 2025, no business combination has been announced, with the management team actively evaluating opportunities in its target sectors. [ from previous searches on company profile]

Company News

APIChat
  • ‘This is huge for us': Interview with Leafly CEO as cannabis company goes public in SPAC merger

  • Leafly shares start trading after acquisition by SPAC Merida Merger

  • Cannabis marketplace Leafly closes SPAC merger deal and will go public on Monday

  • Alan Brochstein On Cannabis Investing In 2022 (Video Transcript)

  • Marijuana Stocks To Keep On Your Radar This Year

  • Leafly: Expect De-SPAC Pain

  • Top Ancillary Cannabis Stocks For January 2022

  • 2 New Marijuana Stocks To Add To Your Watchlist In 2022

  • Leafly Cannabis Info Platform Names New CFO Ahead Of Going Public On Nasdaq

  • 3 Cannabis SPACs Hoping to Get High

  • A Week's Worth of Actionable Cannabis Stock News

  • Cannabis giant Leafly is going public through a SPAC merger

  • Leafly to go public via SPAC merger that values Seattle cannabis marketplace at $385M

  • Leafly Cannabis Info Platform Goes Public Via Deal With Merida Merger Corp, The Combined Company Equity Projected At $532M

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