Mercato Partners Acquisition Corporation (MPRAW) warrants entitle holders to purchase shares of Nvni Group Limited at an exercise price of $11.50 per share following the company's completion of its initial business combination; these publicly traded warrants, listed on Nasdaq under the ticker MPRAW, originated from the blank check company's initial public offering and converted from Mercato's original warrants upon merger. The underlying SPAC, incorporated in 2021 and headquartered in Cottonwood Heights, Utah, pursued mergers, share exchanges, asset acquisitions, stock purchases, reorganizations, or similar combinations targeting businesses in technology or branded consumer products sectors. In September 2023, Mercato completed a reverse merger with Nuvini Holdings Limited, a Sao Paulo-based acquirer of high-growth B2B SaaS companies in Latin America; the combined entity, Nvni Group Limited (Nasdaq: NVNI), assumed the warrants on substantially identical terms, with Nuvini ordinary shares and new warrants trading under NVNI and NVNIW, respectively, while Mercato retired its primary listing. Nuvini operates a portfolio of SaaS platforms focused on marketing automation, CRM, e-commerce enablement, and retail supply chain solutions serving small and medium enterprises across Latin America, primarily Brazil; recent developments include the May 2025 completion of its acquisition of Munddi Soluções em Tecnologia Ltda., a platform connecting retailers with suppliers and brands, as the first of four planned 2025 deals from a $127 million pipeline, alongside AI infrastructure rollouts and leadership additions like Group Operating Director Gustavo Usero. The transaction provided approximately $43 million in gross proceeds and positioned Nuvini for accelerated M&A with an initial pro forma enterprise value of $312 million, retaining key Mercato executives including CEO Greg Warnock on the board.