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Murphy Canyon Acquisition Corp

0.1103
-0.0297 (-21.21%)
Last Update: 22 Sep 2023 23:00:00
Yesterday: 0.14
Day's Range: 0. - 0.
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Murphy Canyon Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2021. The company was established with the aim of acquiring or merging with one or more businesses in the technology, media, and telecommunications (TMT) sector.

The company is led by CEO and Chairman, Michael Murphy, who has over 20 years of experience in the TMT industry. The management team also includes CFO, Michael Litt, and COO, Andrew Kowal.

Murphy Canyon Acquisition Corp raised $150 million through its initial public offering (IPO) in July 2021. The company's shares are traded on the NASDAQ stock exchange under the ticker symbol "MCACU."

As a SPAC, Murphy Canyon Acquisition Corp has a limited timeframe to identify and complete a merger or acquisition. If the company is unable to do so within the specified timeframe, it will be required to return the funds raised through its IPO to its investors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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