Appleby Advises Miotal on Its De-SPAC Merger with Fifth Era Acquisition Corp I
Appleby has advised SMT Holdings Limited (“Miotal”) on all Cayman Islands aspects of its entry into a definitive business combination agreement with Firth Era Acquisition Corp I (NASDAQ: FERA), a special purpose acquisition company. Upon closing, the combined company is expected to operate under the name “Miotal” and to be publicly listed on Nasdaq.
Miotal is a strategic metals platform focused on the acquisition, holding, and monetisation of high-purity, technology-grade materials. Miotal controls a substantial, independently verified inventory of strategic metals, including ultrafine copper powder, ultrafine nickel wire and rare earth metals, which are critical inputs across defence, semiconductor, energy and healthcare industries.
The Appleby corporate team was led by Cayman partner, Dean Bennett, and supported by Counsel, Marsha Williamson, Senior Associate Andrew Barr and Associate, Jared Awe.
This deal further highlights Appleby’s strength in complex cross‑border M&A and public company transactions and the market‑leading capabilities of its Band 1‑ranked Corporate team.
More information about the transaction is available here.
