 HONG KONG, April 07, 2021 GLOBE NEWSWIRE -- Model Performance Acquisition Corp. NASDAQ: MPACU Model Performance Acquisition Corp. or the Company announced the pricing of its initial public offering of 5,000,000 units at a price of 10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market NASDAQ and trade under the ticker symbol MPACU beginning April 8, 2021. Each unit consists of one Class A ordinary share, one half of one redeemable warrant, and one right to receive one-tenth of one Class A ordinary share upon the consummation of the Companys initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of 11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to be traded on the NASDAQ under the symbols MPAC, MPACW, and MPACR, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. 