Country for PR: United States
Contributor: PR Newswire New York
Friday, November 05 2021 - 11:32
AsiaNet
Mountain and Co. I Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering
ZURICH, Nov. 5, 2021 /PRNewswire-AsiaNet/ --

Mountain and Co. I Acquisition Corp. (the "Company") today announced the 
pricing of its initial public offering of 20,000,000 units at a price of $10.00 
per unit. The units are expected to be listed for trading on the Nasdaq Global 
Market under the ticker symbol "MCAAU" beginning November 5, 2021. Each unit 
consists of one of the Company's Class A ordinary shares and one-half of one 
redeemable warrant. Each whole warrant entitles the holder thereof to purchase 
one Class A ordinary share at a price of $11.50 per share. Once the securities 
comprising the units begin separate trading, the Company expects that its Class 
A ordinary shares and warrants will be listed on the Nasdaq Global Market under 
the symbols "MCAA" and "MCAAW," respectively. 

The Company was formed for the purpose of effecting a merger, share exchange, 
asset acquisition, share purchase, reorganization or similar business 
combination with one or more businesses or entities. Although the Company's 
efforts to identify a prospective business combination opportunity will not be 
limited to a particular industry, it intends to focus on the consumer internet 
and B2B digital infrastructure sectors. 

Credit Suisse Securities (USA) LLC is acting as book-running manager. The 
Company has granted the underwriters a 45-day option to purchase up to 
3,000,000 additional units at the initial public offering price to cover 
over-allotments, if any. 

The public offering is being made only by means of a prospectus. When 
available, copies of the prospectus relating to the offering may be obtained 
from Credit Suisse Securities (USA) LLC, 6933 Louis Stephens Drive, 
Morrisville, North Carolina 27560, Attn: Prospectus Department or by e–mail at 
usa.prospectus@credit-suisse.com.

A registration statement relating to the securities became effective on 
November 4, 2021. This press release shall not constitute an offer to sell or 
the solicitation of an offer to buy securities, nor shall there be any sale of 
these securities in any state or jurisdiction in which such offer, 
solicitation, or sale would be unlawful prior to registration or qualification 
under the securities laws of any such state or jurisdiction. The offering is 
expected to close on November 9, 2021, subject to customary closing conditions. 

Forward-Looking Statements 

This press release contains statements that constitute "forward-looking 
statements," including with respect to the proposed initial public offering and 
the Company's plans with respect to the target industry for a potential 
business combination. No assurance can be given that the offering discussed 
above will be completed on the terms described, or at all, or that the Company 
will ultimately complete a business combination transaction. Forward-looking 
statements are subject to numerous conditions, many of which are beyond the 
control of the Company, including those set forth in the Risk Factors section 
of the Company's registration statement and preliminary prospectus for the 
Company's offering filed with the U.S. Securities and Exchange Commission (the 
"SEC"). Copies of these documents are available on the SEC's website, at 
www.sec.gov. The Company undertakes no obligation to update these statements 
for revisions or changes after the date of this release, except as required by 
law.

SOURCE  Mountain & Co. I Acquisition Corp.

CONTACT: Liz Young, youngelizann@gmail.com
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