Merida Merger (MCMJU) Announces October 29th IPO

Merida Merger (MCMJU) is planning to raise $100 million in an initial public offering on Tuesday, October 29th, IPO Scoop reports. The company will issue 10,000,000 shares at a price of $10.00 per share.

The company has a market-cap of $126 million.

EarlyBirdCapital served as the underwriter for the IPO.

Merida Merger provided the following description of their company for its IPO: ”  Our initial business combination and value creation strategy will be to identify, acquire and, after our initial business combination, assist in the growth of a business in the legal cannabis industry. “.

Merida Merger was founded in 2019 and has 0 employees. The company is located at 641 Lexington Avenue, 18th Floor, New York, NY 10022, US and can be reached via phone at (917) 745-7085.

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