MOZAYYX Acquisition Corp. filed an initial ownership report showing that MOZAYYX Acquisition Sponsor LLC holds 7,187,500 Class B ordinary shares. These Class B shares will automatically convert into Class A ordinary shares on a one-for-one basis upon, or at the option of the holder before, the company’s initial business combination, subject to adjustments.
Up to 937,500 of these Class B shares are subject to forfeiture if the underwriters of the company’s initial public offering do not fully exercise their over-allotment option. The sponsor is the record holder of the shares, and Benjamin Zucker, the company’s CEO and CFO, may be deemed to beneficially own these securities because he has voting and investment discretion over the sponsor’s holdings, while disclaiming beneficial ownership beyond his pecuniary interest.
MOZAYYX Acquisition Corp. insider Benjamin Ira Zucker, the CEO, CFO and a 10% owner, filed an initial ownership report showing indirect control over 7,187,500 Class B ordinary shares. These shares are held of record by MOZAYYX Acquisition Sponsor LLC, where he is a managing member. He disclaims beneficial ownership beyond any pecuniary interest in the Sponsor’s holdings.