TRADING QUOTES 1:59 AM January 28, 2023
IPO Terms Details Business Combination Related Articles SEC Filings
SPAC Name : Monterey Capital Acquisition Corporation
Total Public Proceeds at IPO($mm): 92.0
%Held in Trust: 101.0
$Held in Trust per Unit: $ 10.10
Mgmt's Sector Expertise/Focus: Renewable Energy
IPO Date: 2022-05-11
Months to Complete: 12
Deadline Date: 2023-05-13
Unit Structure (MCACU)
Share (MCAC): 1 Class A Common Stock
Warrant (MCACW) 1 Warrant
Right(MCACR) 1 for 1/10
Public Warrant Terms:
Exercise Price: 11.500000000
Redemption Price: Cash/Cashless: $18.00
Redemption: Cash, Cashless or for Shares Mgmt's Discretion
Underwriters:
Book-runner(s): EF Hutton
Co-Manager(s):
Fees (Upfront/Deferred): 1.0%/4.0%
Lawyers:
Issuer's Counsel: Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Underwriter's Counsel: Seward & Kissel LLP
Additional Terms: Crescent Term: $9.20, Limitation on Redemption Rights: 15%, May extend 2 times by an additional three months each by depositing $0.10/share in trust account each extension, Founder Share Lock-Up: 180 days after completion of initial business combination or VWAP of $12.00 for 20/30 trading days, EOI: Anchor investors to purchase up to 990,000 units at $10.00/unit
SPAC Name: Monterey Capital Acquisition Corporation
CURRENT FUNDS in TRUST: $94,205,447*
EST. PRO RATA AMOUNT IN TRUST: $10.24*
IMPLIED ENTERPRISE VALUE: TBD
RECORD DATE: TBD
SHAREHOLDER VOTE DATE: TBD
SPAC NameSource: SEC.gov filings and SPAC Insider estimates
TRADING QUOTES       Business CombinationIPO Terms Details SPAC name: %spacname% CURRENT FUNDS in TRUST: $%ending_trust_ball%* EST. PRO RATA AMOUNT IN TRUST: $%implied_cash_per_share%* IMPLIED ENTERPRISE VALUE: %impliedenterprisevalue% RECORD DATE: %businesscombinationrecorddate% SHAREHOLDER VOTE DATE: %businesscombinationshareholdervotedate% Source: SEC.gov filings and SPAC Insider estimates SPAC name: %spacname% Total Public Proceeds at IPO ($mm): %total% % Held in Trust:
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