Model Performance Acquisition Buying MultiMetaVerse in $300M Stock Deal

Model Performance

Model Performance Acquisition in an 8-K filing said it will combine with Hong Kong-based MultiMetaVerse in a $300 million stock deal. The target is sole owner of Shanghai Mi Ting Culture and Creativity Co.

Model Performance raised $57.5 million in an April IPO. The deal is further supported by a $10 million PIPE at $10 per share. Read more.

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