Metals Acquisition Corp. Announces Partial Exercise and Closing of Underwriters' Option to Purchase Additional Units in Connection With Its Initial Public Offering

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Sep 03, 2021

Metals Acquisition Corp. (the “Company”) today announced that the underwriters of its previously announced initial public offering of 25,000,000 units, which closed on August 2, 2021, have partially exercised their option to purchase additional units, resulting in the issuance of an additional 1,514,780 units at a public offering price of $10.00 per unit. After giving effect to the partial exercise and close of the option, an aggregate of 26,514,780 units have been issued in the initial public offering and an aggregate of $265,147,800 has been deposited into the Company’s trust account. The underwriters have until September 10, 2021 to exercise the remainder of their option to purchase additional units.