Alexandra Low
Appleby advised MOZAYYX Acquisition Corp. on Cayman Islands legal matters tied to the company’s $261 million initial public offering, according to a press release from the law firm.
The offering closed after being upsized to 26.1 million units priced at $10 each. The units were expected to begin trading on the New York Stock Exchange on 25 Feb 2026, under the ticker symbol MZYX.U.
MOZAYYX aims to merge with high-growth companies in target sectors including AI, digital assets, fintech, energy, cybersecurity, infrastructure, robotics and communications.
Each unit includes one Class A ordinary share and one-quarter of one redeemable warrant. After the units begin trading separately, the ordinary shares and warrants are expected to trade under the symbols MZYX and MZYX.WS, respectively, according to the company’s announcement.
MOZAYYX Acquisition also granted underwriters a 45-day option to buy up to 3.915 million additional units at the IPO price to cover over-allotments, the release said.
Appleby said it advised on all Cayman Islands aspects of the transaction. Appleby’s capital markets team was led by Counsel Alexandra Low and included Partner Simon Raftopoulos, Paralegal Sophia Cunningham and other corporate team members.
