Mars Acquisition Corp.

General Information

We intend to focus on opportunities in automobiles, especially EVs (electric vehicles), as well as in health care, financial technology (FinTech), cyber security, cleantech, software, internet and artificial intelligence (AI), specialty manufacturing and any other related technology innovations. We will not enter into a business combination with any entity that is headquartered in the People’s Republic of China (“China”), the Hong Kong Special Administrative Region of China (“Hong Kong”) or the Macau Special Administrative Region of China (“Macau”) or that conducts a majority of its operations in China, Hong Kong or Macau. (Incorporated in the Cayman Islands)

(Note: Mars Acquisition Corp. priced its SPAC IPO on Feb. 13, 2023, in sync with the terms in its prospectus: 6.0 million units at $10.00 each to raise $60.0 million. Mars Acquisition is the fifth SPAC IPO priced so far in 2023. Mars Acquisition Corp. cut the size of its SPAC IPO to 6.0 million units – down from 7.5 million units – and kept the price at $10.00 to raise $60.0 million, in an S-1/A filing dated Jan. 27, 2023. In that same filing, the company also revised the sectors on its intended focus list by dropping its previous reference to crypto-currencies.)

Employees: 0
Founded: 2021
Contact Information
Address Americas Tower, 1177 Avenue of The Americas, Suite 5100, New York, NY (10036)
Phone Number 1-888-622-1218
Web Address
View Prospectus: Mars Acquisition Corp.
Financial Information
Market Cap $63.55mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol MARXU
Exchange NASDAQ
Shares (millions): 6.0
Price range $10.00 - $10.00
Est. $ Volume $60.0 mil
Manager / Joint Managers Maxim Group
Expected To Trade: 2/14/2023
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change