Miluna Acquisition Corp
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Ovanti Limited has terminated its SPAC deal with Miluna Acquisition Corp, as reported on March 4, 2026. This development follows previous announcements regarding Ovanti's financial activities and leadership changes. The company, which specializes in financial technology and digital commerce software, focuses on enabling secure transactions and customer authentication for its institutional clients.
Miluna Acquisition Corp. (MMTX) announced that board member Mei Chi Tsai resigned on February 17, 2026, a departure noted not to be related to operational disputes. The company is actively searching for a new independent director to fill the vacancy, aiming to uphold strong board independence and governance standards for its stakeholders. This transition highlights the importance of independent oversight for the special purpose acquisition company as it evaluates potential business combinations.
