MAK Acquisition Corp., a special purpose acquisition company, has announced the closing of its initial public offering of 10,000,000 Class A Restricted Voting Units of the company at a price of US$10.00 per Class A Unit for gross proceeds of US$100 million.

The Class A Units commenced trading on the Toronto Stock Exchange under the symbol “MAK.V” at the open of market on October 29, 2025.

The Offering is being underwritten by Canaccord Genuity Corp., as lead underwriter and sole bookrunner, for and on behalf of a syndicate that includes CIBC Capital Markets.

Bennett Jones is acting as legal advisor to the underwriters.