Mercato Partners Acquisition Corporation
MPRAU
NASDAQ Global Market11.70
USD
+0.78
- -
CIK
0001853436
CUSIP
58759A207
Return %
Stock
S&P500
1Y
16.53
26.84
3Y
16.65
77.03
5Y
16.65
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Gregory Hansen Warnock
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2750 East Cottonwood Parkway Cottonwood Heights UT United States of America 84121
- IPO Date
- Nov 4, 2021
- CIK
- 0001853436
- Website
- mercatopartners.com
- Similar Companies
- Business
- Mercato Partners Acquisition Corporation (MPRAU) is a blank check company whose principal business activity is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company does not have significant operations or generate revenues and initially focused its efforts on identifying and acquiring targets in the technology or branded consumer products sectors. Incorporated in 2021 and headquartered in Cottonwood Heights, Utah, it conducted an initial public offering of units on November 4, 2021, raising approximately $200 million. In a major strategic development, Mercato Partners Acquisition Corporation completed a reverse merger transaction with Nuvini S.A. on September 29, 2023, following the announcement of the business combination on February 27, 2023, and stockholder approval on September 28, 2023. The deal, valued at $283 million, marked the company's transition from a special purpose acquisition company (SPAC) to operating under Nuvini Group in the technology sector with a focus on Latin America. Post-merger, the combined entity trades under the ticker NVNI on Nasdaq, with Mercato Partners Acquisition Corporation having been acquired by Nuvini S.A., reflecting no ongoing independent products or services beyond the completed combination activities. Prior to the merger, the company neither manufactured products nor provided services, maintaining a holding company structure with operations limited to pursuing acquisition opportunities.