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Muzero Acquisition

MUZE · Nasdaq

No election on fileSearching

NO ACTION REQUIRED

Nothing required today

No redemption election is on file for this SPAC. A date appears here the day one is filed.

Nextoutside date2 February 2028

Not a redemption window — reaching it gives you no right to cash.

$10.15 cash floor$10.00
11 May82 closes · floor filed 30 Jun8 SeptThe shaded band is the distance between the price and the cash floor — what a redemption would pay you, or cost you, on the day.

SpacBrain’s read

Floor not confirmed

No redemption window has closed — but no dated redemption election is on file for this name either, so we cannot show you a date to act by.

What we do have: no window has closed, and the company's own deadline runs to 2 February 2028. That deadline is not itself a window you can redeem into. The full chain of evidence is under Evidence.

Change on the last daily close0.0% day

That is $0.15 below the $10.15 of cash held per share as last filed — though the right to claim that cash is not confirmed on file. Against our ESTIMATE of what the trust holds today — ~$10.23, the filed figure carried forward at the T-bill — the same price is 2.2% below the cash. That estimate is our arithmetic, not a filing.


In plain terms

What it is
A $201.3M SPAC from Muzero Acquisition Sponsors LLC, listed on Nasdaq in January 2026. Each unit put $10.00 into the shareholders' cash account at listing; it holds $10.15 a share today — interest earned on the account, plus any payments the sponsor made to extend the deadline, spread over the shares that never cashed out.
What it's doing now
It is still looking: no purchase has been announced. It has until 2 February 2028 to agree one; after that it must ask shareholders for more time, or give the money back and close.
What you should know
We have no filed date on which you could claim the cash back, so we cannot tell you a day to act by. That is a gap in the public record, not a statement that the right has gone.

At a glance

Where it stands
Searching · next dated event 2 February 2028
Outside date — not a date on which you can claim cash.
Merging with
No target announced — still searching.
Industry
no filing we hold states a sector this SPAC restricted its search to
Deal value
not stated in the filings we hold
Price vs cash floor
$10.00 vs $10.15
$0.15 below the last filed cash held for you; 2.2% below cash against our estimated ~$10.23
Cash left in trust
$204.2M
IPO
30 January 2026
$201M raised · 100.0% of each $10 unit into trust
Headquarters
136 MADISON AVENUE, 6TH FLOOR, NEW YORK, NY, 10016
registered in the Cayman Islands
Lead underwriter
BTIG, LLC
Key officers
Lam Von Villy Mendoza (Chief Executive Officer) · Zou Yuming (Chief Financial Officer) · Aber Patrick John (Chief Operating Officer)
Listed securities
MUZE common · MUZEU unit $10.10 · MUZE common $9.98
Cash held per share$10.15

As last filed, 30 June 2026.

source: 10-Q acc 0001213900-26-089238

Cash per share today (estimate)~$10.23

Modelled, not filed: $10.15 filed 30 June 2026, compounded 72 days at the 3.95% 3-month T-bill (treasury.gov daily par yield curve). No tax drag, extension deposits or dissolution costs are modelled.

Price against the cash
vs last filed NAV
1.5%below cash
$10.15, 10-Q as of Jun 30, 2026, acc 0001213900-26-089238
vs estimated NAV today (our estimate)
2.2%below cash
~$10.23, accrued 72 days at 3.95%

Two denominators, one price. The filed figure is what a document says the trust held on its date; the estimate carries it forward at the T-bill for the days since, which is our arithmetic and not a filing.

Next date that matters2 February 2028

A contractual long-stop for closing a deal. It is not a redemption window and gives you no right to cash. What an outside date is →

Yield to redemption

No dated redemption window on file — no yield to compute.

We hold no redemption election for this SPAC. The only dated event on file is the outside date on Feb 2, 2028, which pays a holder nothing — so no yield can be measured to it. An unsourced date would make the yield look filed when it is not.


What is protecting this price

The reasoning behind the verdict above, in the order the filings establish it.

  1. No dated redemption election is on file for this name. That is an absence in the record, not proof that the right has gone — but it does mean this page cannot tell you a day to act by.
  2. Cash held in trust is $10.15 per share as last filed. That is the figure a redemption pays out at, plus whatever interest the trust earns between the filing and the window.
  3. The charter runs to 2 February 2028. If no deal closes by then the trust is returned to holders, which is a floor of a different kind — it pays out, but you do not choose when.

What has happened, and what is coming

2 dated milestones

Every dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.

  1. 30 January 2026IPOpassed

    $201M raised into trust


The score

deterministic, from filed fields

One number for the shape of the bet: how much upside you are getting per unit of downside. It is arithmetic over filed fields, not a rating and not advice — and it is the same number this SPAC carries on the leaderboard, the screener and the deal list, because all four read one engine.

Asymmetric return scoreThe tick is 57, the median of the 292 names scored.

1.5% below the last filed trust — floor not confirmed — no redemption election on file

The blend is trust discount (40 points), deal stage (30), sponsor track record (18) and time to catalyst (12). Every input is a real sourced field; where one is missing, confidence drops rather than a number being invented.

See where MUZE ranks, and how the score is built


The company

from SEC filings
Read the full profile

Muzero Acquisition Corp is a Cayman Islands-exempted blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Headquartered at 136 Madison Avenue, 6th Floor, New York, NY, the company employs a sector-driven approach leveraging its technology and artificial intelligence experience and may pursue an acquisition opportunity in any business, sector, or geographical location. The company had not selected any specific business combination target as of the date of its filing.

Muzero Acquisition Corp completed its initial public offering on January 30, 2026, raising $175 million through the sale of 17,500,000 units at $10.00 per unit on the Nasdaq Global Market under the symbol MUZEU. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share. The underwriters, led by BTIG, held a 45-day over-allotment option for up to an additional 2,625,000 units. Once separate trading begins, the Class A ordinary shares and warrants trade under the symbols MUZE and MUZEW, respectively. The full $175 million in gross proceeds ($10.00 per unit) was placed in a U.S.-based trust account with Continental Stock Transfer Trust Company as trustee.

The company's sponsor, Muzero Acquisition Sponsors LLC, purchased 6,708,333 Class B founder shares for $25,000 and, together with BTIG, committed to purchasing 447,500 private units in a simultaneous private placement at $10.00 per unit. CEO and director Von Lam and CFO Yuming Zou serve as managing members of the sponsor, while the management team also includes COO Patrick Aber, Chief Strategy Officer Steven Maksymyk, Chairman Sheldon Trainor-DeGirolamo, and independent directors Hope Ni and Derek Reisfield. The company has 24 months from the closing of the offering to consummate an initial business combination, subject to potential extension by shareholder approval. No business combination has been announced.


Material findings

from the full read of every filing

Every document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.

  • This filing sets the baseline trust value ($10.06) and confirms the SPAC is on a standard 24-month timeline (deadline Feb 2, 2028). No redemptions or deal progress, which is typical for a newly listed SPAC. The per-share value above $10.00 indicates no immediate redemption pressure. No material sponsor conduct issues disclosed.

  • First look at the SPAC's full risk factors and governance post-IPO. The disclosure of 63.5% foreign beneficial ownership in the sponsor (including 25% from China/PRC) is unusual and signals a potential CFIUS overhang on any deal. The lack of any target identified is expected for a pre-deal SPAC, but confirms no pending negotiations or LOI. The filing provides the baseline trust value ($10.15/share starting trust) and mechanism for working capital loans up to $1.5M. The sponsor's nominal cost ($0.004/share) for founder shares and the potential for greater-than-one-for-one conversion create massive dilution risk.

  • Note 1 confirms that as of February 2, 2026, management had neither selected a target nor engaged in substantive discussions regarding an initial business combination, meaning the 24-month timeline (expiring February 2, 2028) is advancing without offsetting de-risking events. The disclosed $10,649,942 in transaction costs and $1,349,169 in non-trust cash reserves outline pre-combination liquidity constraints, while the provision allowing tax releases from trust interest and up to $100,000 of interest for dissolution expenses could subtly adjust final per-share redemption amounts. Founder share transfer details (280,000 shares assigned to directors/officers at a $2.46 per share fair value) and the $15,000 monthly administrative services fee disclose ongoing sponsor compensation and potential dilution vectors. By cementing these parameters, the document provides the exact contractual framework needed to model future extension requests, tender offer thresholds, and sponsor alignment metrics before any target disclosure materializes.

  • This filing establishes the SPAC's capital structure, trust account mechanics, governance, and contractual framework. It confirms the trust per-share value at $10.00, the 24-month deadline (February 2028), and the absence of any pre-selected target. Investors can now track redemption deadlines, monitor trust value changes from interest, and assess sponsor conduct under the lock-up and voting agreements. The IPO proceeds are now held in trust pending a business combination.

  • This is the definitive IPO document for a new SPAC. It sets all the mechanical terms investors need to track: trust value per share ($10.15 as of this filing), redemption mechanics (available regardless of vote, 15% cap if shareholder vote held), deadline structure (24 months from closing, extendable with shareholder vote), sponsor economics ($0.004/share for founder shares vs $10.00 for public), and the significant dilution public shareholders face. It also confirms no target discussions have occurred.

  • This S-1/A provides all the definitive terms for the MUZE IPO. Investors tracking the redemption calendar will note the standard 24-month completion window with extension potential, trust value of $10.00/share, and standard sponsor economics. It does not introduce any unusual deadlines, redemption triggers, or trust changes. The document is material as the definitive registration statement for this SPAC's public offering.

Show 1 more material filings
  • Establishes the SPAC's trust structure ($10.00 per share initially), redemption mechanics, deadline, and sponsor incentives. Investors can now evaluate the offering terms, dilution from founder shares, and the management team's background. The filing is material to tracking the SPAC's pre-deal mechanics.


Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

  • What changed: Form 10-Q quarterly report for the period ended June 30, 2026, the first such report since Muzero Acquisition Corp's IPO on February 2, 2026. The filing contains unaudited financial statements, management's discussion and analysis, and standard disclosures for a SPAC still searching for a target. Company completed its IPO on February 2, 2026, raising $201.25 million in trust (20,125,000 units at $10.00). As of June 30, 2026, trust account holds $204,176,777 ($10.15 per share) including $2,926,777 of interest. Net income of $2,584,621 for the six months, primarily from interest. Working capital of $837,692. No definitive agreement has been entered into with any target. No material changes to risk factors, legal proceedings, or internal controls. Why it matters: This is the first financial update since the IPO, confirming trust value per share exceeds $10.00 ($10.15) due to interest income, providing a modest buffer for redemptions. The company has until February 2, 2028 to complete a business combination. The filing also details the sponsor's commitment to waive redemption rights and the $7,043,750 deferred underwriting fee payable only upon completion of a deal. No new target or extension has been announced.

    What changed vs 2026-05-12trust $202.4M → $204.2M +1%mandate language changed
    trust account, mandate language, combination deadline +12 moved · 2 with no prior record of ours
    Trust account
    $202.4M$204.2M

    SpacBrain reads this as $1,802,635 was added to the trust between the two filings.

    The clause …“offering costs — 195,081 Long-term prepaid insurance 58,169 — Investments held in Trust Account 204,176,777 — Total Assets $ 205,227,638 $ 198,950 Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and”…

    Combination deadline
    2028-02-02 · unchanged

    The clause …“and (y) the distribution of the Trust Account, as described below. We have until February 2, 2028 (24 months from the closing of the IPO), or until such (x) earlier date as our Board may approve or (y) later date as our”…

    Sponsor loans outstanding
    $230K · unchanged

    The clause …“2026 or (ii) the closing date of the Initial Public Offering. The Company had borrowed $ 230,000 under the Promissory Note, which was repaid at the closing of the Initial Public Offering on February 2, 2026. Borrowings under the”…

    Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

  • What changed: a routine compliance exhibit classified as a Schedule 13G — beneficial ownership report. The provided filing text attributes the submission to Aristeia Capital, L.L.C. and cites the SEC accession number 0001172661-26-001883. It contains no reported adjustments or updates to MUZE’s redemption deadlines, trust account balance, extension provisions, business combination status, or sponsor activity. Why it matters: As mandated by Section 13(d) of the Securities Exchange Act, this document confirms that Aristeia Capital, L.L.C. holds beneficial ownership of MUZE securities at or above the statutory reporting threshold. It supplies baseline transparency on institutional capital deployment for investors, though the excerpt discloses no details on acquisition date, percentage held, voting agreements, or strategic intent regarding a pending merger.

  • What changed: Schedule 13G joint filing statement (Joint Acquisition Statement pursuant to Rule 13d-1(k)), dated May 13, 2026, filed under identifier [0000919574-26-002946], acknowledging shared regulatory responsibility for beneficial ownership reporting on behalf of Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross. The provided excerpt contains only the joint-filing acknowledgment clause and signature blocks; it discloses no share quantities, ownership percentages, acquisition dates, or price paid. Accordingly, it reports no adjustment to prior beneficial ownership positions, introduces no modifications to the SPAC’s liquidation schedule, does not propose an extension, and provides no update on business combination negotiations, trust administration, or sponsor conduct. Why it matters: Although devoid of numerical thresholds, the filing confirms a coordinated holding relationship among Adage Capital Management, L.P., Robert Atchinson, and Phillip Gross. For investors monitoring pre-transaction shareholder composition, it flags that these three parties function as a single reporting group in MUZE equity, signaling potential passive capital alignment ahead of a target announcement. Because the excerpt omits the mandatory Item 4 coverage details (source of funds, purpose of acquisition, and precise share counts), investors cannot yet calibrate voting weight or potential blocking power relative to upcoming redemption windows or extension votes.

  • What changed: Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (first post-IPO filing). Reports initial quarter after IPO: net income of $921,491 from trust interest; trust account balance of $202,374,142 ($10.06 per share, not $10.15 as suggested by the user's status). Over-allotment fully exercised; 875,000 founder shares no longer subject to forfeiture. No business combination target identified; company remains in search phase. No extensions or redemption activity. Sponsor note repaid; ongoing administrative services agreement. Why it matters: This filing sets the baseline trust value ($10.06) and confirms the SPAC is on a standard 24-month timeline (deadline Feb 2, 2028). No redemptions or deal progress, which is typical for a newly listed SPAC. The per-share value above $10.00 indicates no immediate redemption pressure. No material sponsor conduct issues disclosed.

  • What changed: Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (first 10-K filed by the newly public SPAC after its February 2, 2026 IPO). This is the first periodic report since the IPO. The filing confirms that the SPAC has $201,250,000 in trust ($10.15/share), has a 24-month deadline to February 2, 2028, has not selected any target, has officers and independent directors all with indirect founder share interests, and has adopted insider trading and clawback policies. It discloses the shift of the trust investments to mitigate Investment Company Act risk. CFIUS risk is acknowledged due to ~63.5% non-U.S. economic interests in the sponsor, though the sponsor is controlled by U.S. citizens. Why it matters: First look at the SPAC's full risk factors and governance post-IPO. The disclosure of 63.5% foreign beneficial ownership in the sponsor (including 25% from China/PRC) is unusual and signals a potential CFIUS overhang on any deal. The lack of any target identified is expected for a pre-deal SPAC, but confirms no pending negotiations or LOI. The filing provides the baseline trust value ($10.15/share starting trust) and mechanism for working capital loans up to $1.5M. The sponsor's nominal cost ($0.004/share) for founder shares and the potential for greater-than-one-for-one conversion create massive dilution risk.

Show the other 10 filings
  • What changed: Form 8-K Current Report and accompanying press release announcing the separate trading commencement for Muzero Acquisition Corp’s public units. Per Item 8.01 and Exhibit 99.1, the Company announced that, commencing March 23, 2026, holders of units traded under the symbol MUZEU may elect to separately trade the Class A ordinary shares and warrants included in those units, which will begin trading under the symbols MUZE and MUZEW, respectively. Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. The filing states that no fractional warrants will be issued upon separation and that holders must direct their brokers to contact Continental Stock Transfer & Trust Company to effect the split. The document contains no updates regarding the redemption calendar, trust account valuation or composition, business combination deadline, extension voting, or sponsor governance or conduct. Why it matters: The attached press release outlines the Company’s structural posture and strategic direction. According to the press release prepared by the Company, Muzero Acquisition Corp was organized as a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. Management disclosed that while the charter permits pursuing a transaction in ‘any business or industry or at any stage of its corporate evolution,’ the Company’s primary focus is on ‘businesses that are technology-enabled.’ All forward-looking assertions concerning potential business combinations and related financing were attributed to the Company’s management team. Personnel disclosures identify Yuming Zou as Chief Financial Officer and list Von Lam as the investor relations contact at 136 Madison Avenue, 6th Floor, New York, NY 10016 (telephone area code 646, local number 722-3311). For investors tracking capital deployment mechanics, this filing documents a routine post-offering liquidity event that unlocks independent pricing for the equity and option tranches without disturbing the underlying trust reserve or resetting the search timeline. Because the filing leaves the redemption window, target pipeline status, and termination date untouched, it signals operational continuity rather than a inflection point; investors should continue monitoring periodic reports for de-SPAC announcements, amendment filings, or sponsor commitment updates.

  • What changed: A routine compliance exhibit — specifically, a Joint Filing Agreement (Exhibit 99.1) attached to a Schedule 13D, executed on February 9, 2026, by Muzero Acquisition Sponsors LLC, Von Lam, and Yuming Zou. The document establishes that these three parties represent they are eligible to jointly report beneficial ownership of Muzero Acquisition Corp’s Class A ordinary shares, $0.0001 par value. The agreement, as drafted by the parties, mutually assigns each signatory responsibility for the timeliness, completeness, and accuracy of the Schedule 13D filing and any amendments. Bearing on investor mechanics, the filing discloses no share counts, trust adjustments, redemption elections, extension proposals, deal progress, or sponsor conduct updates. The parties did not report any intention to convert shares, solicit proxies, or pursue an initial business combination. The agreement leaves the stated February 2, 2028 conversion deadline and the $10.15 per-share trust value entirely unaffected. Why it matters: Investors monitoring redemption calendars, trust preservation, and sponsor alignment should recognize that joint filing agreements typically indicate the formation or formal acknowledgment of a reporting group under Section 13(d) of the Exchange Act. While this exhibit contains no claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel, the coordinated execution signals potential unified action ahead of critical SPAC milestones such as shareholder votes on an initial business combination, trust extension ballots, or conversion/redemption decisions. Because the parties explicitly state in the agreement that each assumes liability for information about the others only to the extent they know or have reason to believe it is accurate, the verification of collective leverage rests with the individual signatories. Market participants must track subsequent Schedule 13D amendments to discover if beneficial ownership reaches statutory thresholds, shifts sponsor control dynamics, or outlines acquisition strategies that would directly impact redemption pressure or trust liquidation timing.

  • What changed: A Form 8-K Current Report and accompanying audited balance sheet announcing the consummation of Muzero Acquisition Corp’s initial public offering and private placement on February 2, 2026. Item 8.01 reports that the company closed its IPO of 20,125,000 units (including the full exercise of a 2,625,000-unit over-allotment option) and simultaneously closed a private sale of 486,875 private placement units. The audited balance sheet dated February 2, 2026, records $201,250,000 deposited into a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, reflecting the company’s stated allocation of $10.00 per unit. Note 1 establishes a 24-month completion window to find a business combination, after which public shares are redeemable. The sponsor, Muzero Acquisition Sponsors LLC, purchased 335,938 private units, while BTIG, LLC purchased 150,937. The underwriting agreement stipulates a $7,043,750 deferred underwriting discount payable solely upon business combination completion, and Note 6 details warrant mechanics including a $11.50 exercise price, exercisability beginning 30 days post-combination, and an $18.00 per-share cash redemption trigger. The sponsor letter agreement waives redemption rights for founder and private shares and provides indemnification to protect the trust balance against third-party claims reducing it below the lesser of $10.00 per public share or the actual per-share trust amount at liquidation. Why it matters: Note 1 confirms that as of February 2, 2026, management had neither selected a target nor engaged in substantive discussions regarding an initial business combination, meaning the 24-month timeline (expiring February 2, 2028) is advancing without offsetting de-risking events. The disclosed $10,649,942 in transaction costs and $1,349,169 in non-trust cash reserves outline pre-combination liquidity constraints, while the provision allowing tax releases from trust interest and up to $100,000 of interest for dissolution expenses could subtly adjust final per-share redemption amounts. Founder share transfer details (280,000 shares assigned to directors/officers at a $2.46 per share fair value) and the $15,000 monthly administrative services fee disclose ongoing sponsor compensation and potential dilution vectors. By cementing these parameters, the document provides the exact contractual framework needed to model future extension requests, tender offer thresholds, and sponsor alignment metrics before any target disclosure materializes.

  • What changed: SEC Form 4 – Routine compliance exhibit and insider ownership report. Muzero Acquisition Sponsors LLC, Director and Chief Executive Officer Lam Von Villy Mendoza, and Chief Financial Officer Zou Yuming filed a Form 4 disclosing open-market acquisitions of 335,938 shares at $10 per share on February 2, 2026. Post-transaction, their aggregate beneficial ownership totals 7,044,271 shares. Why it matters: The filing records sponsor and executive accumulation during the SEARCHING phase, which raises direct equity alignment but does not alter the business combination timeline, trigger a trust account modification, or create an extension. Investors tracking the fixed redemption deadline of February 2, 2028, will note that this disclosure adds no amendment to the closing schedule, preserves the previously reported trust balance of $10.15 per share, and contains no target pipeline updates, acquisition letter of intent, or deal-progression markers. The Form 4 includes zero forward-looking assertions regarding customer contracts, recurring revenue, total addressable market sizing, proprietary technology, strategic partnerships, active litigation, or executive departures. Sponsor purchasing of this scale primarily serves as a capital-positioning signal ahead of any future deSPAC execution, carrying no contractual force to consummate a merger or defend the trust floor.

  • What changed: 8-K Current Report filed by Muzero Acquisition Corp on 2026-02-03, reporting the consummation of its initial public offering (IPO) on February 2, 2026, including full exercise of the underwriters' over-allotment option, and the entry into related definitive agreements, appointment of directors and officers, amendment of charter, and deposit of proceeds into the trust account. The SPAC completed its IPO of 20,125,000 units at $10.00 per unit, raising gross proceeds of $201,250,000 (including full exercise of the over-allotment option). Simultaneously, private placements of 486,875 units to Sponsor (335,938 units) and BTIG (150,937 units) raised additional gross proceeds of $4,868,750. The trust account was funded with $201,250,000 (including $7,043,750 in deferred underwriting fees). Trust value per public share is $10.00. The deadline to complete a business combination is 24 months from IPO closing (February 2, 2028) as per the amended charter. The company entered into standard IPO agreements: Underwriting Agreement (BTIG), Warrant Agreement (Continental), Investment Management Trust Agreement, Registration Rights Agreement, Private Placement Unit Purchase Agreements with Sponsor and BTIG, Letter Agreement (lock-ups, voting, etc.), Administrative Services Agreement ($15,000/month), and Indemnity Agreements. Directors were appointed (Sheldon Trainor-DeGirolamo, Patrick Aber, Hope Ni, Derek Reisfield) and officers named (Patrick Aber as COO, Steven Maksymyk as Chief Strategy Officer). The company confirms no specific target has been selected and no substantive discussions initiated. The 8-K also files the amended and restated memorandum and articles of association. Why it matters: This filing establishes the SPAC's capital structure, trust account mechanics, governance, and contractual framework. It confirms the trust per-share value at $10.00, the 24-month deadline (February 2028), and the absence of any pre-selected target. Investors can now track redemption deadlines, monitor trust value changes from interest, and assess sponsor conduct under the lock-up and voting agreements. The IPO proceeds are now held in trust pending a business combination.

  • What changed: 424B4 prospectus for the initial public offering of Muzero Acquisition Corp, a blank-check SPAC. This is the final prospectus for MUZE's IPO, setting the terms of the offering: 17,500,000 units at $10.00/unit, $175 million in trust ($10.15/share as of filing date), 24-month deadline to February 2028, with a 15% redemption cap per shareholder if a vote is held, and no target selected. The document also discloses that the independent auditor's report contains a going concern qualification. Why it matters: This is the definitive IPO document for a new SPAC. It sets all the mechanical terms investors need to track: trust value per share ($10.15 as of this filing), redemption mechanics (available regardless of vote, 15% cap if shareholder vote held), deadline structure (24 months from closing, extendable with shareholder vote), sponsor economics ($0.004/share for founder shares vs $10.00 for public), and the significant dilution public shareholders face. It also confirms no target discussions have occurred.

  • What changed: SEC Form 3—insider ownership report. Director and Chief Operating Officer Patrick John Aber filed a standard Form 3 confirming that no non-derivative transactions or holdings were reported for the applicable period. Why it matters: This routine compliance exhibit does not alter the redemption deadline of 2028-02-02, adjust the $10.15 trust value per share, or indicate business combination progress while the issuer remains in SEARCHING status. Regarding sponsor conduct and insider alignment, the filing confirms the COO/director neither accumulated nor divested equity during the reporting window, providing no actionable signal regarding impending mergers, extension votes, or redemption campaigns. The document contains no substantive claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel transitions. All details are attributed directly to the submitted Form 3.

  • What changed: This is a Form 8-A filing submitted to register three classes of securities—Units (each comprising one Class A ordinary share and one-half of one redeemable warrant), Class A ordinary shares with a par value of $0.0001, and whole redeemable warrants exercisable at an exercise price of $11.50—for quotation on The Nasdaq Stock Market LLC pursuant to Section 12(b) of the Exchange Act. As a routine administrative compliance exhibit, the filing adds these security classes to the SEC registry and explicitly incorporates their detailed terms by reference from the Registration Statement on Form S-1 (File No. 333-291923) originally filed on December 3, 2025. Chief Executive Officer Von Lam executed the registration on January 29, 2026. The filing introduces no modifications to warrant strike prices, redemption mechanics, trust funding protocols, extension provisions, or the business combination timeline. Why it matters: For investors tracking redemption deadlines, trust allocation, extensions, deal progress, and sponsor conduct, this submission confirms the procedural rails for public trading without altering the trust balance or termination date currently tracked in your coverage. Because the document contains zero claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or executive compensation beyond the signature block, it does not adjust the redemption window or introduce new deal catalysts. Its practical effect is limited to cementing the $11.50 warrant exercise price in the public record and satisfying Exchange Act reporting prerequisites ahead of any prospective de-SPAC transaction.


The record

The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.

Show the reference detail

Unit structure

Cash in trust at IPO$10.00

That was the figure at listing. It is $10.15 a share today — interest on the account, plus any sponsor payments made to extend the deadline, spread over the shares that never cashed out.

from 424B4 0001213900-26-010463

Unit quote (MUZEU)$10.10

as of 10 September 2026

Trading & liquidity

Average daily volume (20d)63K
Average daily $ volume$628K
Range over the bars held$9.88 – $10.04
Total cash in trust$204.2M

Company profile

Industry (SIC)Blank Checks (6770)
Registered inthe Cayman Islands
Exchange · CIKNasdaq · 0002093484

All filings on EDGARopens on sec.gov in a new tab

Directors & officers


Institutional holders

from SC 13G/13D

Funds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.

Show the declared stakes

3 filers with a stake on file · 3 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.

One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.


Sources on file

harvested pages, kept in full

Every public page we have read about this company, stored in full so a source can never go missing.

Show the sources

39 full SEC filing texts archived — searchable, never lost.


Cash in trust over time

XBRL, per filing

How much cash has stood behind each share at each filing date.

Show the filed values
  • 30 June 2026
  • 30 June 2026$10.15
  • 31 March 2026

In plain English

tap a term to open it

Every piece of jargon this page could have used, and what it actually means.

Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected

A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.

Redemption deadlinethe last day to hand shares back for cash

Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.

Broker action datethe day your broker needs the instruction — earlier than the official date

Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.

Cash in trust / trust per sharethe cash the company is holding for each public share

Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.

Trust discountbuying below the cash held for you

Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.

Dilutionhow much of the company new shares take from you

Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.

Pro-forma equitywhat the company is valued at once the deal closes

The combined company's equity value assuming the announced terms and the redemptions that have actually happened.

ARShow much upside you get per unit of downside

SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.

De-SPACthe day the SPAC becomes the real company

The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.

Outside datethe contractual long-stop for closing the deal

A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.

Accession numberthe SEC's unique id for one filing

Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.

Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since

A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.


Ask the brain

from its filings
Data provenance & audit trail7 internal entries

Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.

MUZE — company record
EVENT-BLITZ2026-08-13

Deadline DERIVED = ipoDate + 24mo per charter terms in 10-Q 0001213900-26-055000.

GREENSHOE FIX2026-08-13

ipoSizeM 175->201.25: 20,125,000 units incl. 2,625,000 over-allotment units (full exercise) (acc 0001213900-26-011029)

SPONSOR-ID2026-08-14

sponsor "Muzero Acquisition Sponsors LLC" (SEC CIK 0002103033) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-26-009627.

TRUST-BLITZ2026-08-14

trust/share $10.15 from 10-Q acc 0001213900-26-089238 as of 2026-06-30

SECURITY-TERMS-MINED2026-08-16

warrantStrike=11.5, warrantCallPrice=18, unitSeparationDays=52 from the definitive prospectus (0001213900-26-010463). NOT FILLED: rightShareRatio — no stated candidate

DEADLINE-RECONCILE2026-08-16

deadline 2028-01-30 -> 2028-02-02. acc 0001213900-26-089238 states this calendar date; the event was written by the 2026-08-14 charter blitz from EDGAR 10-Q 0001213900-26-089238. The stored date was 3 day(s) off, the ipoDate+Nmo arithmetic having anchored on the IPO pricing date where the filing counts from the closing. Transcribed, not re-derived; no SEC fetch.

Calendar — Feb 2, 2028 · Outside date
EVENT-BLITZ2026-08-14

10-Q acc 0001213900-26-089238 states the date, and it equals 24 months from the IPO closing 2026-02-02 that the same report states. Extension mechanism: shareholder-vote, from the filings: "If we are unable to consummate our initial Business Combination on or before February 2, 2028, we may seek shareholder approval to extend the Combination Period by amending our Amended and Restated Articles." Spac.deadline currently reads 2028-01-29 — not changed by this job.

Also listed inBelow NAV