MPRA - Mergers and acquisitions

SALT LAKE CITY and SAO PAULO, Sept. 12, 2023 /PRNewswire/ -- Mercato Partners Acquisition Corporation, a publicly traded special purpose acquisition company (Nasdaq: MPRA) ("Mercato"), today announced that the registration statement on Form F-4 of Nvni Group Limited, an exempted company incorporated with limited liability in the Cayman Islands ("New PubCo") has been declared effective by the U.S. Securities and Exchange Commission (the "SEC") as of Thursday, September 7, 2023, relating to the previously announced proposed business combination by and among Mercato, New PubCo, Nuvini Holdings Limited ("Nuvini," and together with all its subsidiaries, the "Nuvini Group" which includes Nuvini S.

Nuvini acquires and manages a portfolio of high growth software-as-a-service ("SaaS") companies in Latin America.The expected funding and capital markets access from the proposed business combination will enable Nuvini to continue furthering its acquisition strategy.Combined company to have an enterprise value of approximately US$312 million, with the proposed business combination expected to provide approximately US$43 million in gross proceeds, assuming no further redemptions by public stockholders of Mercato Partners Acquisition Corporation. All existing Nuvini shareholders are expected to roll 100% of their equity holdings into the combined company.The proposed business combination is ex

SALT LAKE CITY, Jan. 10, 2023 /PRNewswire/ -- Mercato Partners Acquisition Corporation (NASDAQ:MPRA) ("Mercato Partners") today announced that it has entered a non-binding letter of intent ("LOI") for a business combination with Nuvini S.A. ("Nuvini"). Nuvini acquires and manages a portfolio of high growth software-as-a-service companies. Headquartered in Sao Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. With six companies in its portfolio, Nuvini intends to use funding and capital market access to continue expanding its acquisition strategy. Under the terms of the LOI, Mercato Partners and Nuvini would become a combined entity, with Nuvini'