TRADING QUOTES 10:53 PM April 19, 2024
IPO Terms Details
Business Combination
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SPAC Name : Mountain Crest Acquisition Corp. III *
| Total Public Proceeds at IPO($mm): | 54.2 |
| %Held in Trust: | 100.0 |
| $Held in Trust per Unit: | $ 10.00 |
| Mgmt's Sector Expertise/Focus: | Healthcare |
| IPO Date: | 2021-05-18 |
| Months to Complete: | 12 |
| Deadline Date: | 2023-02-20 |
| Unit Structure (MCAEU) | |
| Share (MCAE): | 1 Share of Common Stock |
| Warrant () | None Warrant |
| Right(MCAER) | 1 for 1/10 |
| Public Warrant Terms: | |
| Exercise Price: | N/A |
| Redemption Price: | N/A |
| Redemption: Cash, Cashless or for Shares | N/A |
| Underwriters: | |
| Book-runner(s): | Chardan |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 2%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | Loeb & Loeb LLP |
| Underwriter's Counsel: | Reed Smith LLP |
| Additional Terms: | Crescent Term: none, Limitation on redemption rights: none, May extend to 18 months if DA signed within 12 months, Two 3-month extensions with $0.10/share deposit per ext., Founder shares: 50% at six month lockup_ 50% at earlier of six months or $12.50 price trigger |
SPAC Name: Mountain Crest Acquisition Corp. III *
| CURRENT FUNDS in TRUST: | $0* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.28* |
| IMPLIED ENTERPRISE VALUE: | $1 billion |
| 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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