Makara Strategic Acquisition Corp. (MKAR)
Makara Strategic Acquisition was planning to go public, but the IPO was withdrawn on May 15, 2023.
IPO Price
$10.00
Shares Offered
25,000,000
Deal Size
$250.00M
Company Description
Makara Strategic Acquisition Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
We intend to focus our search for a target business in the natural resources, clean energy or energy storage sectors in the Americas, Europe or Asia.
We will seek to acquire businesses that we believe are fundamentally strong with unique opportunities to expand globally within the enterprise value range of $3-$5 billion.
Makara Strategic Acquisition Corp.
| Country | United States |
| Founded | 2021 |
| Industry | Shell Companies |
| Sector | Financials |
| CEO | Ali Ijaz Ahmad |
Contact Details
Address: 5 Independence Way, Suite 430 Princeton, NJ 08540 United States | |
| Phone | (732) 845-9067 |
Stock Details
| Ticker Symbol | MKAR |
| Exchange | NASDAQ |
| Reporting Currency | USD |
| IPO Price | $10.00 |
| CIK Code | 0001871810 |
| Employer ID | 87-1134851 |
| SIC Code | 6770 |
Key Executives
| Name | Position |
|---|---|
| Ali Ijaz Ahmad | Chief Executive Officer, Director |
| Alexander C. Booth | Chief Financial Officer |
| Sara Villarreal | Chief Operating Officer |
| Dr. Amin Badr-El-Din | Chairman of the Board of Directors |
| Amlan Baijal | Independent Director |
| Sanjay Vatsa | Independent Director, Chairman of the Audit Committee |
| Michael Bowling | Independent Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 22, 2023 | 8-K | Current Report |
| May 22, 2023 | 425 | Filing |
| May 15, 2023 | RW | Filing |
| Mar 16, 2022 | S-1/A | [Amend] General form for registration of securities under the Securities Act of 1933 |
| Mar 14, 2022 | S-1/A | [Amend] General form for registration of securities under the Securities Act of 1933 |
| Feb 28, 2022 | S-1 | General form for registration of securities under the Securities Act of 1933 |
| Nov 10, 2021 | DRS | [Cover] Draft Registration Statement |