Fifth Era Acquisition Corp I Announces Merger with Miotal

Apr 8, 2026 8:44 AM Eastern Daylight Time

Miotal, a Sovereign-Scale Strategic Metals Platform, to be Listed on Nasdaq through Merger with Fifth Era Acquisition Corp I (NASDAQ: FERA)

  • Miotal is an asset-backed platform that owns one of the largest known consolidated inventories of high-purity strategic metals, capable of supporting multi-year, sovereign-scale supply across defense and advanced technology applications

  • Positioned as an independent, fully compliant supplier of specification-grade strategic metals to sovereign and institutional buyers amid tightening critical metals supply

  • Portfolio comprises ultrafine copper powder (6N purity), ultrafine nickel wire and rare earth metals, representing high-specification materials that are critical to national defense and economic security frameworks

  • Materials are independently verified, certified and securely stored in Switzerland in a market-ready condition, with no exposure to mining or production risk

  • Strategy focused on disciplined monetization of inventory, with the objective of generating value for shareholders over the long term

  • Combined company expected to be listed on Nasdaq, providing access to global capital markets

NEW YORK--(BUSINESS WIRE)--Fifth Era Acquisition Corp I (NASDAQ: FERA) (“FERA”), a special purpose acquisition company, and SMT Holdings Limited (“Miotal” or the “Company”), a strategic metals platform focused on the acquisition, holding and monetization of high-purity, technology-grade materials, today announced that they have entered into a definitive business combination agreement (the “Business Combination Agreement”).

Upon closing, the combined company is expected to operate under the name “Miotal” (the “Combined Company”) and to be publicly listed on Nasdaq.

Click to read announcement

Matthew Le Merle