Nocturne Acquisition Corporation (MBTC): history, ownership, mission, how it works & makes money

A Brief History of Nocturne Acquisition Corporation (MBTC)

Formation and Purpose

Nocturne Acquisition Corporation, also known by its ticker symbol MBTC, was formed in 2020 as a special purpose acquisition company (SPAC). The primary purpose of MBTC was to raise capital through an initial public offering (IPO) to acquire or merge with a private company. This process allows private firms to go public more efficiently than through traditional IPO routes.

Initial Public Offering

In January 2021, Nocturne Acquisition Corporation successfully completed its IPO, raising $250 million. The company offered 25 million units at a price of $10 per unit. Each unit consisted of one share of common stock and one-third of a warrant to purchase one share of common stock.

Key Financial Figures

The capital raised during the IPO significantly enhanced MBTC's financial standing, allowing it to pursue acquisition targets in the technology and financial services sectors. As of September 2023, the following financial figures illustrate the company's position:

Acquisition Strategy

MBTC has focused its acquisition strategy on companies that exhibit strong growth potential. The emphasis has been placed on technology firms, particularly those in fintech, reflecting the increasing convergence of finance and technology. As of October 2023, MBTC was in discussions with multiple potential acquisition targets.

Recent Developments

In early 2023, Nocturne Acquisition Corporation announced its intent to merge with a promising fintech company, which is projected to generate revenues of approximately $50 million in 2024, growing to $100 million by 2026.

Share Performance

As of October 2023, the performance of MBTC shares on the NASDAQ has shown fluctuations reflective of market conditions:

Future Outlook

Looking ahead, Nocturne Acquisition Corporation aims to leverage its capital to facilitate growth through strategic mergers. The management team is optimistic about the fintech sector's resilience and projected expansion, which is expected to enhance shareholder value.

A Who Owns Nocturne Acquisition Corporation (MBTC)

Ownership Structure

Nocturne Acquisition Corporation (MBTC) is a publicly traded special purpose acquisition company (SPAC). As of the latest filings, the ownership structure is divided among institutional investors, retail investors, and insiders.

Major Shareholders

According to the most recent SEC filings, the following entities are among the top shareholders:

Insider Ownership

Insider ownership is composed of the management team and board members. As of the latest data:

Market Capitalization

Nocturne Acquisition Corporation has a current market capitalization of approximately $350 million.

Stock Performance

As of the latest trading session, MBTC shares are priced at $10.50 per share, showing a year-to-date performance of 10%.

Institutional Holding Trends

Recent data reveals a trend in institutional holdings, with the percentage of ownership as follows:

Regulatory Filings

Nocturne Acquisition Corporation is required to file Form 10-K annually with the Securities and Exchange Commission (SEC). The most recent filing reported a total of $50 million in cash held in trust.

Future Outlook

Analysts project that with the current financial backing and market position, Nocturne Acquisition Corporation is well-positioned to pursue potential mergers or acquisitions, enhancing shareholder value.

Nocturne Acquisition Corporation (MBTC) Mission Statement

Overview of Nocturne Acquisition Corporation

Nocturne Acquisition Corporation, identified by its ticker symbol MBTC, is a special purpose acquisition company (SPAC) committed to identifying and merging with a high-potential technology-related business. The firm seeks to leverage its management team's extensive experience in investment and operations to drive growth and create value for stakeholders.

Core Mission Statement

The mission of Nocturne Acquisition Corporation is to identify, acquire, and grow innovative technology companies that are poised to disrupt their industries. The company emphasizes the importance of long-term strategic partnerships and aims to build a sustainable business model that aligns with market trends.

Strategic Goals

• To deploy capital effectively to achieve superior returns for investors.
• To foster innovation through strategic acquisitions in the technology sector.
• To prioritize sustainability and social responsibility in business operations.

Financial Performance

Nocturne Acquisition Corporation reported significant financial metrics for the fiscal year ended December 2022. The table below summarizes key financial figures for MBTC:

Market Positioning

Nocturne Acquisition Corporation operates within a highly competitive market environment. The company's strategic focus on technology positioning ensures access to cutting-edge innovations and emergent market opportunities.

Investor Relations

Investors are kept informed through regular updates and transparent communication concerning acquisition strategies and performance metrics. The table below outlines key metrics for investor engagement:

Future Outlook

The strategic vision of Nocturne Acquisition Corporation involves identifying and acquiring companies that align with its mission of innovation and growth. The firm is actively exploring potential targets with a market capitalization between $500 million and $2 billion, aiming to facilitate growth through enhanced operational efficiencies and synergies.

How Nocturne Acquisition Corporation (MBTC) Works

Company Overview

Nocturne Acquisition Corporation (MBTC) is a special purpose acquisition company (SPAC) founded to raise funds through an initial public offering (IPO) to acquire an existing company. The company focuses on the technology sector, particularly companies that are innovative and have high growth potential.

Financial Structure

The capital structure of Nocturne Acquisition Corporation primarily consists of funds raised through its IPO. As of October 2023, MBTC successfully raised approximately $200 million in its IPO, with a unit offering price of $10 per unit.

Acquisition Strategy

Nocturne Acquisition Corporation follows a systematic approach to identify and acquire target companies. The strategy includes:

• Focus on technology-driven businesses.
• Evaluating companies based on growth metrics, financial stability, and market position.
• Engaging with industry experts for insights.

Recent Performance Metrics

As of October 2023, Nocturne Acquisition Corporation’s stock price is approximately $11, reflecting a 10% increase since its IPO launch. The company has a cash reserve of around $195 million after accounting for operational expenses.

Investment Criteria

The key investment criteria for Nocturne Acquisition Corporation include:

• Strong potential for revenue growth.
• Distinct competitive advantages in the market.
• Proven management team with a track record.

Market Trends and Analysis

The technology sector has been witnessing significant growth, with an expected CAGR of 10.5% from 2023 to 2028. Nocturne Acquisition Corporation aims to capitalize on these trends through its acquisitions.

Exit Strategy

Nocturne Acquisition Corporation plans its exit strategy through:

• Public listing of acquired companies.
• Strategic partnerships and joint ventures.
• Potential sale to larger corporations.

Conclusion of Financial Overview

The financial health and strategic focus of Nocturne Acquisition Corporation position it well for future growth. The company continues to monitor market conditions, adjusting its strategies as needed to maximize investment returns.

How Nocturne Acquisition Corporation (MBTC) Makes Money

Business Model Overview

Nocturne Acquisition Corporation (MBTC) operates as a special purpose acquisition company (SPAC). The primary objective of a SPAC is to raise capital through an initial public offering (IPO) to acquire a company within a specified timeframe.

Revenue Generation from IPO

During its IPO, MBTC raised approximately $200 million in capital, facilitating its ability to fund future acquisitions. The funds are primarily held in a trust account until a merger is completed.

Acquisition Target Strategy

The strategy focuses on identifying promising target companies, particularly in the technology and healthcare sectors. Historical data shows that SPACs often pursue firms with valuations ranging from $500 million to $1 billion.

Potential Fees and Expenses

MBTC incurs various fees associated with its operations:

• Underwriting Fees: Typically around 5-7% of gross proceeds from the IPO.
• Management Fees: Annually, around $1.5 million for management services.
• Transaction Fees: Approximately $5 million for merger-related expenses.

Post-Merger Revenue Streams

Once a merger is completed, MBTC can earn revenue through:

• Equity Stakes: Retaining 10-20% equity in the merged entity.
• Management Fees: Ongoing advisory and management services if retained post-merger.

Financial Performance Metrics

Key financial metrics post-acquisition include:

Investment Returns

Investors in MBTC can expect returns through:

• Stock Price Appreciation: Potential for significant gains based on market performance and business success.
• Dividends: Depending on profitability, MBTC may distribute dividends to shareholders.

Market Position and Growth Potential

MBTC aims to solidify its market position by:

• Targeting High-Growth Sectors: Focus on technology sectors poised for disruption.
• Strategic Collaborations: Partnering with established companies for enhanced market penetration.

Conclusion of Financial Standing

MBTC's financial strategy revolves around smart acquisitions and efficient operational management, as evident in its recent metrics:

Long-term Viability

With a robust acquisition strategy and ongoing evaluation of the market landscape, MBTC positions itself for sustained growth and profitability, aiming to redefine its financial outlook in the SPAC landscape.