Model Performance Acquisition Corp.
MPACR
NASDAQ Capital Market0.67
USD
+0.20
- -
Model Performance Acquisition Corp.
MPACR
(NASDAQ Capital Market)
Recent
price
0.67
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Model Performance Acquisition Corp. (MPACR) operates as the rights offering associated with a special purpose acquisition company, or blank check company, incorporated in the British Virgin Islands in 2021 and headquartered in an Asia-focused jurisdiction with its common shares formerly listed on Nasdaq under MPAC. The company seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, targeting opportunities primarily in technology, consumer, data-driven sectors such as artificial intelligence, data analytics, and software-as-a-service; it completed its initial public offering of $57.5 million in April 2021, with units comprising Class A ordinary shares, redeemable warrants, and rights like MPACR entitling holders to one-tenth of one Class A ordinary share upon a successful initial business combination. In January 2023, Model Performance Acquisition Corp. completed its de-SPAC merger with MultiMetaVerse Holdings Limited, an animation and entertainment company providing mobile games, immersive content, and community platforms primarily in Asia; the combined entity trades under new symbols including MMVXF for common shares and MMVWW for warrants, marking a shift from a blank check structure to operations in the media and entertainment sector. No major new partnerships, funding rounds, acquisitions, or strategic expansions have been announced for the post-merger entity in 2024 or 2025.