New York, NY, Oct. 28, 2021 (GLOBE NEWSWIRE) — (by way of Blockchain Wire) Blockchain Moon Acquisition Corp. (NASDAQ: BMAQU, the “Firm”) introduced at the moment that the underwriters in its preliminary public providing, pursuant to the phrases of the underwriting settlement, totally exercised their over-allotment choice and, on October 26, 2021, bought a further 1,500,000 items pursuant to the overallotment choice, producing further gross proceeds of $15,000,000. Every unit consists of 1 share of frequent inventory, one proper to obtain one-tenth (1/10) of a share of frequent inventory upon the consummation of an preliminary enterprise mixture, and one redeemable warrant to buy one-half (1/2) of a share of frequent inventory at a value of $11.50 per entire share.
The entire mixture issuance, together with the total overallotment, by the Firm of 11,500,000 items at a value of $10.00 per unit resulted in complete gross proceeds of $115,000,000.
The items are listed on The Nasdaq International Market (“Nasdaq”) beneath the ticker image “BMAQU”. As soon as the securities comprising the items start separate buying and selling, the shares of frequent inventory, rights and warrants are anticipated to be listed on Nasdaq beneath the symbols “BMAQ,” “BMAQR” and “BMAQW,” respectively.
Chardan acted as sole e book working supervisor within the providing.
A registration assertion relating to those securities was declared efficient by the Securities and Trade Fee on October 18, 2021. The providing is being made solely via a prospectus, copies of which can be obtained by contacting Chardan, 17 State Road, twenty first ground, New York, New York 10004. Copies of the registration assertion may be accessed by means of the SEC’s web site at www.sec.gov.
This press launch shall not represent a suggestion to promote or a solicitation of a suggestion to purchase, nor shall there be any sale of those securities in any state or jurisdiction wherein such supply, solicitation or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
About Blockchain Moon Acquisition Corp.
Blockchain Moon is a clean verify firm fashioned for the aim of effecting a enterprise mixture with a number of companies. Though there is no such thing as a restriction or limitation on what business or geographic area its goal operates in, Blockchain Moon intends to pursue potential targets which might be excessive progress companies in blockchain applied sciences in North America, Europe and Asia. The proceeds of the providing might be used to fund such enterprise mixture. The Blockchain Moon Acquisition Corp staff consists of blockchain business buyers and executives together with Enzo Villani, Chairman and CEO, Wes Levitt, Chief Monetary Officer and board members John Jacobs, Michael Terpin, James Haft and David Shafrir.
Cautionary Be aware Regarding Ahead-Trying Statements
This press launch contains forward-looking statements that contain dangers and uncertainties. Ahead trying statements are statements that aren’t historic details. Such forward-looking statements, together with the seek for an preliminary enterprise mixture, are topic to dangers and uncertainties, which might trigger precise outcomes to vary from the forward-looking statements. The Firm expressly disclaims any obligations or enterprise to launch publicly any updates or revisions to any forward-looking statements contained herein to replicate any change within the Firm’s expectations with respect thereto or any change in occasions, situations or circumstances on which any assertion relies.