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Mana Capital Acquisition Corp. Announces Pricing of $62 Million Initial Public Offering
[November 22, 2021]

Mana Capital Acquisition Corp. Announces Pricing of $62 Million Initial Public Offering


Mana Capital Acquisition Corp. ("Mana" or the "Company") today announced the pricing of its initial public offering of 6,200,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Global Market and trade under the ticker symbol "MAAQU" beginning November 23, 2021. Each unit consists of one share of common stock, one-half of one redeemable warrant, and one right to receive one-seventh of a share of common stock upon the consummation of an initial business combination. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per whole share, subject to adjustment as described in the prospectus and only whole warrants are exercisable. After the securities comprising the units begin separate trading, the shares of common stock, warrants and rights are expected to be listed on Nasdaq under the symbols "MAAQ", "MAAQW" and "MAAQR", respectively. The offering is expected to close on or about November 26, 2021, subject to customary closing conditions.

Mana is a newly incorporated blank check company formed for the purpose of engaging in a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Its efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although it intends to focus its search on target businesses operating in North America, Europe and Asia in the healthcare, technology, reen economy, and consumer products sectors.



Ladenburg, Thalmann & Co., Inc. is acting as the sole bookrunner for the offering. I-Bankers Securities, Inc. is acting as co-manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 930,000 units at the initial public offering price to cover over-allotments, if any.

A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the "SEC (News - Alert)") on November 22, 2021. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained by contacting Ladenburg, Thalmann & Co., 640 5th Ave, 4th Floor, New York, NY 10019; Telephone: 800-573-2541; Email: [email protected]. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.


This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements" that involve risks and uncertainties, including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are statements that are not historical facts and are subject to numerous conditions, many of which are beyond the control of the Company and which could cause actual results to differ from the forward-looking statements, including those set forth in the "Risk Factors" section of the Company's registration statement and prospectus for the Company's offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.


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