Mercato Partners (NASDAQ:MPRA) closed its combination with Brazilian software firm Nuvini this afternoon and its shares and warrants are expected to begin trading on the Nasdaq under the symbols “NVNI” and “NVNIW” on October 2.
The combined company will continue to be led by its existing CEO and a seven-member Board including Mercato CEO Dr. Greg Warnock and CFO Scott Klossner. The parties have yet to release redemption figures, but Mercato expanded the deal’s PIPE to $12.8 million this week.
Mercato Partners initially announced its $312 million combination with Nuvini in February of this year. Sao-Paulo-based Nuvini is a leading acquirer of business software firms in Brazil.
This portfolio includes leadlovers, Ipê Digital, Effecti, Datahub, Onclick, Mercos and SmartNX, and the company aims to continue geographic expansion throughout South America moving forward.
ADVISORS
- Maxim Group LLC acted as exclusive financial advisor to Mercato in connection with the business combination.
- Latham & Watkins LLP served as Mercato’s U.S. legal counsel.
- Machado Meyer served as Mercato’s Brazilian legal counsel.
- Maples and Calder (Cayman) LLP served as Mercato’s Cayman legal counsel.
- Mayer Brown LLP advised the Nuvini Group as their U.S. legal counsel.
- Tauil & Chequer Advogados, an affiliate of Mayer Brown LLP, as Nuvini’s Brazilian legal counsel.
- Carey Olsen Cayman Limited, as Nuvini’s Cayman legal counsel.


Exciting new things are coming for SPACInsider subscribers, and some have already arrived! This summer, SPACInsider is unveiling the SPACInsider Alerts App on iOS with an Android launch soon to follow. The app allows subscribers to stay ahead of the SPAC market with real-time, customizable filing alerts with instant notifications landing the moment that a...
At the SPAC of Dawn Futures are largely green with the CPI reading coming up, and several SPACs and de-SPACs have cause to feel bullish regardless of what the reading states. Pharma and beauty company Longevity Health (NASDAQ:XAGE) announced it will acquire plasma collection firm True Health ahead of market open in news that has...
Silver Pegasus Acquisition Corp. (NASDAQ:SPEGU) announced the pricing of its $100 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SPEGU”, Tuesday, July 15, 2025. The new SPAC plans to search within the technology sector, with a focus on semiconductors and systems solutions. Silver Pegasus Acquisition Corp.’s management...
Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...
Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...