Mountain & Co. I Acquisition Corp. (MCAAU) Prices $200M IPO


Mountain & Co. I Acquisition Corp. (MCAAU) Prices $200M IPO

Mountain & Co. I Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MCAAU” Friday, November 5.

The new SPAC intends to focus on the consumer internet and B2B digital infrastructure sectors. Mountain & Co. I is led by CEO Dr. Cornelius Boersch, CIO Daniel Wenzel, CFO Alexander Hornung, and COO Professor Dr. Utz Claassen.

Total SPAC deal count for 2021 year-to-date is now 524. This offering is expected to close on Tuesday, November 9.

Credit Suisse Securities (USA) LLC is acting as book-running manager. Davis Polk & Wardwell LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel.  Marcum, LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.