The blank check company will start trading on Nasdaq on July 9 under MRCOU and is targeting technology and software infrastructure businesses serving financial services, real estate and asset management.
Mercator Acquisition Corp. said it priced its initial public offering at 15,000,000 units at $10.00 each, with trading on the Nasdaq Global Market set to begin July 9, 2026, under the symbol MRCOU. Each unit includes one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share. The company also granted underwriters a 45-day option to buy up to 2,250,000 additional units to cover over-allotments. Clear Street is acting as sole book-running manager. Mercator, a blank check company (a shell company formed to pursue acquisitions), said it plans to target technology and software infrastructure companies serving financial services, real estate and asset management. The registration statement was declared effective by the SEC (U.S. securities regulator) on July 8, 2026.