Mountain Crest IV (MCAF) to Combine with CH-AUTO in $1.2Bn Deal

Mountain Crest IV (NASDAQ:MCAF) has entered into a definitive agreement to combine with CH-AUTO at an initial equity value of $1.25 billion. Beijing-based CH-AUTO has designed a unique EV sports car with plans to launch production later this year The combined company is expected to trade on the Nasdaq once the deal is completed in
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