Miluna Acquisition (MMTX) Plans to Raise $60 million in October 21st IPO

Miluna Acquisition (MMTX) expects to raise $60 million in an initial public offering (IPO) on Tuesday, October 21st, IPO Scoop reports. The company will issue 6,000,000 shares at a price of $10.00 per share.

Miluna Acquisition has a market cap of $76.94 million.

D. Boral Capital (ex-EF Hutton) and ARC Group Securities served as the underwriters for the IPO.

Miluna Acquisition provided the following description of their company for its IPO: “(Incorporated in the Cayman Islands) We are a newly organized blank check company. Our search for a prospective target business will not be limited to any specific geographic region, except that we will not pursue a target company that is based in, or has the majority of its operations in, the PRC (People’s Republic of China).  Mr. Shang Ju Lin has served as our CEO since July 2025. Mr. S. Lin has extensive experience in investment and management. Since June 2020, he has served as a partner and member of the investment committee board at LBank Labs, where he manages multiple strategic funds with assets totaling $100 million, including hedge funds, primary investments, and funds of funds. (Note: Miluna Acquisition Corp. filed an S-1 on Sept. 2, 2025, and disclosed the terms for its SPAC IPO: 6 million units at $10.00 each to raise $60 million. Each unit consists of one share and one-half of a redeemable warrant.)   “.

Miluna Acquisition was founded in 2025 and has 0 employees. The company is located at 12F, No. 43, Cheng Gong Road, Sec 4, Neihu Taipei, Taiwan and can be reached via phone at +886 900-605-199.