Animation and entertainment company MultiMetaVerse and Model Performance Acquisition announced completion of their business combination. MultiMetaVerse Holdings Limited shares and warrants began trading today on the Nasdaq under the ticker symbols MMV and MMVWW.
The SPAC raised $57.5 million in an April 2021 IPO. About 61% of shares had been tendered for redemption through September, according to earlier regulatory filings, although a $12 million PIPE was in place to support the deal.
Paul Hastings served as legal counsel to MMV. Loeb & Loeb served as the SPAC’s legal counsel. Read more.