MNBS Acquisition Corp.

What the company does

MNBS Acquisition Corp. is a Cayman Islands exempted company formed as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Its efforts to identify a prospective target business will not be limited to a particular industry or geographic region, and it will pursue opportunities globally, including in North America, Europe, and Asia. The company will not undertake its initial business combination with any entity that conducts a majority of its business or is headquartered in China (including Hong Kong and Macau). It has 12 months from the closing of this offering to consummate an initial business combination (or up to 18 months if extended).

Use of proceeds

Of the proceeds from this offering and the sale of the private placement warrant packages, $75,000,000 ($86,250,000 if the over-allotment option is exercised in full), or $10.00 per unit, will be deposited into a United States-based trust account maintained by Continental Stock Transfer & Trust Company as trustee. Except as described in this prospectus, these funds will not be released to the company until the earlier of the completion of its initial business combination and its liquidation upon its failure to consummate a business combination within the required time period.

Underwriters

Extracted from S-1 0001185185-26-004380, filed Sep 29, 2026 and verified against that filing text.

Key risk factors

• Redemption rights may limit business combination options

  “The ability of a large number of our shareholders to exercise redemption rights may not allow us to consummate the most desirable business combination or optimize our capital structure.”

• Risk of failing to complete initial business combination

  “If we are unable to complete our initial business combination within the time period described in this prospectus, unless we extend such period pursuant to our second amended and restated memorandum and articles of association, we will distribute the aggregate amount then on deposit in the trust account, including interest (net of income taxes payable and up to $100,000 of interest released to us to pay liquidation expenses), pro rata to our public shareholders, by redeeming 100% of the public shares at a per-share price, payable in cash, as described in this prospectus and thereafter cease all operations except for the purpose of winding up of our affairs, as further described herein.”

• Dilution from working capital loans

  “The conversion of any working capital loans or extension loans into working capital packages or extension packages may result in significant dilution to your public shares.”

• Dilution from additional share issuances

  “We may issue additional ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after completion of our initial business combination. Any such issuances would dilute the interest of our shareholders and likely present other risks.”