Fifth Era Acquisition Corp I (FERA) Form 10-Q — May 15, 2026
Fifth Era Acquisition Corp I (FERA) has entered into a definitive agreement to merge with Miotal, a strategic metals platform, in a transaction valuing Miotal at $10 billion. The deal involves a reverse triangular merger where Miotal shareholders will receive shares in a new holding company, Holdco, based on a $10.00 per share valuation. Miotal owns a consolidated inventory of high-purity strategic metals, including copper powder and rare earth oxides, which it estimates to be worth approximately $35 billion based on prevailing market prices. The company expects the business combination to close in the second half of 2026, subject to shareholder and regulatory approvals.
Key figures
- Net Income
- 1291701
- Total Debt
- 14714091
- Total Assets
- 240526236
- Cash Position
- 370084
- Deal Value Usd
- 10000000000
- Trust Account Value
- 239946351
- Advisory Fee Minimum
- 3000000
- Working Capital Deficit
- 3184206
- Deferred Underwriting Fee
- 10950000
- Miotal Metal Stockpile Value
- 35000000000
Price after filing
Close on the filing date to close N calendar days later (from $10.36). Historical, not a forecast.
AI analysis
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