New SPAC: Monterey Capital Files for $100M IPO

  Monterey Capital Acquisition Corp. (NASDAQ:MCAC) was the third SPAC to file its S-1 last week and has set its sights on combining with a company in the clean transition economy. With an offering size of just $100 million, MCAC comes in well below the average offering size of $176.3 million for all of 2022.
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