Market Capitalization (Millions $) |
8 |
Shares
Outstanding (Millions) |
2 |
Employees |
- |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
0 |
Cash Flow (TTM) (Millions $) |
0 |
Capital Exp. (TTM) (Millions $) |
0 |
Mountain Crest Acquisition Corp Iii
Mountain Crest Acquisition Corp III is a special purpose acquisition company (SPAC) based in New York, USA. The company was founded in 2020 by Behdad Eghbali, a prominent investor who has worked with several successful SPACs in the past. Mountain Crest Acquisition Corp III is listed on the Nasdaq stock exchange under the ticker symbol "MCACU".
The primary objective of Mountain Crest Acquisition Corp III is to acquire a privately-held company and take it public through a merger or acquisition. The company aims to identify a target in the technology, media, and telecommunications (TMT) sector. The company will typically target a business with a market capitalization of between $1 billion and $10 billion.
The leadership team of Mountain Crest Acquisition Corp III consists of experienced professionals with a diverse range of backgrounds. Behdad Eghbali is the Chairman and CEO of the company, while Saba Fard, who has previously worked with Microsoft and Goldman Sachs, serves as the President and CFO. Satyen Patel, a seasoned technology executive and investor, is also a director of the company.
One of the factors that set Mountain Crest Acquisition Corp III apart from other SPACs is its focus on sustainability. The company aims to identify a target that has a positive impact on the environment and society as a whole. This focus on sustainability is in line with the growing trend of socially responsible investing and the increasing importance of environmental, social, and governance (ESG) considerations.
Mountain Crest Acquisition Corp III completed its initial public offering (IPO) in January 2021, raising $50 million. The company also issued warrants that can be redeemed for common shares at a later date. The IPO was oversubscribed, indicating strong investor interest in the company's objectives.
In conclusion, Mountain Crest Acquisition Corp III is a SPAC that aims to acquire a TMT company with a focus on sustainability. The company has a highly experienced leadership team, a listing on the Nasdaq stock exchange, and strong investor interest. If the company successfully identifies and merges with a suitable target, it could create significant value for its shareholders.
Company Address: 311 West 43rd Street, 12th Floor New York 10036 NY
Company Phone Number: 493-6558 Stock Exchange / Ticker: NASDAQ MCAE
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