Mercury Ecommerce Acquisition Corp. (MEACU) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities, with a focus on the e-commerce technology and tech-enabled services industry in North America. The company does not have significant ongoing operations and generates no revenue from products or services prior to completing an initial business combination. Founded in 2021 and headquartered in Houston, Texas, it operates as a subsidiary of Mercury Sponsor Group I LLC and affiliates with the Mercury Fund venture capital firm.
In December 2022, the company underwent a significant reorganization, changing its name from Mercury Ecommerce Acquisition Corp. to SEP Acquisition Corp., accompanied by updated ticker symbols SEPA (Class A common stock), SEPAW (warrants), and SEPAU (units) effective January 27, 2023. Unable to complete a business combination by the extended termination date of July 30, 2024, the company initiated liquidation proceedings, resulting in its delisting from Nasdaq and redemption of public shares. No mergers, acquisitions, partnerships, funding rounds, or new product launches have been completed as of late 2025, leaving it without active target pursuits or operational expansions.