Fifth Era Stock Little Changed as Traders Watch $10 Billion Metals Deal
Fifth Era Acquisition Corp I Class A shares traded at $10.37, down 0.1% in thin Nasdaq trading Wednesday, near the $10.43 per-share trust value reported March 31. The SPAC expects to close its merger with strategic metals firm Miotal in the second half of 2026, pending approvals. CFO Christopher Linn resigned May 8, replaced by Christopher Nelson. Fifth Era reported $1.29 million net income for the March quarter, with no operating revenue.