Merger MPAC2

MultiMetaVerse Inc goes public through merger with Model Performance Acquisition Corp.

, SPAC Research

MultiMetaVerse is in the business of developing and publishing animations and mobile games.

The aggregate consideration to be paid to existing shareholders of MultiMetaVerse is $300 million, which will be paid entirely in stock, comprised of newly issued ordinary shares at a price of $10.00 per share.

BILIBILI Inc. (the PIPE Investor) has entered into a subscription agreement pursuant to which the PIPE Investor has committed to purchase an aggregate of 1 million Purchaser Ordinary Shares at a price per share of $10.00, for gross proceeds of $10 million.


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