MOZAYYX Acquisition Corp. is a SPAC (blank check company) incorporated in the Cayman Islands in October 2025 with no operations, no revenue, and no identified acquisition target. MOZAYYX raised $250M through an IPO of 25M units at $10.00 per unit, with proceeds held in a trust account invested in U.S. Treasuries or money market funds. MOZAYYX must complete an initial business combination within 24 months of the IPO close, or it liquidates and returns $10.00 per share to public investors. The sponsor, MOZAYYX Acquisition Sponsor LLC, paid roughly $25,000 for founder shares representing 20% of the post-IPO share count — a structure that heavily incentivizes the sponsor to complete a deal. A $10M deferred underwriting fee is owed to Cantor Fitzgerald upon deal close. MOZAYYX intends to target high-growth tech and tech-adjacent sectors, including fintech, energy tech, cybersecurity, digital health, and robotics, though MOZAYYX is not legally restricted to these areas and may pursue any target globally. The management team includes Benjamin Zucker as CEO and CFO, with directors including Xuan Yong (co-founder of energy tech company RigUp), Nat Turner (co-founder of Flatiron Health), and Gurpreet Oberoi (Global Head of Institutional at Kraken). Kraken and MOZAYYX Master Fund have each indicated non-binding interest in providing up to $25M each in PIPE financing at deal close.
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