Market Capitalization (Millions $) |
106 |
Shares
Outstanding (Millions) |
21 |
Employees |
- |
Revenues (TTM) (Millions $) |
- |
Net Income (TTM) (Millions $) |
-1 |
Cash Flow (TTM) (Millions $) |
1 |
Capital Exp. (TTM) (Millions $) |
0 |
Mount Rainier Acquisition Corp
Mount Rainier Acquisition Corp (MRAC) is a special purpose acquisition company (SPAC) based in North Bethesda, Maryland. The company was founded in 2020 by Jacob Vogel and Daniel Weisfield. The company has a primary focus on mergers, acquisitions, and other similar business transactions.
MRAC went public in December 2020, raising $200 million in its initial public offering (IPO) on the NASDAQ stock exchange. The company's shares are traded under the ticker symbol MRAC.
The purpose of the company is to acquire a business or businesses that have potential for growth and are already well-established. MRAC looks for companies that have a competitive edge and a strong market position but are underperforming in terms of financial performance. The target companies must also have a strong management team with a proven track record of success.
MRAC has a team of experienced professionals with extensive backgrounds in finance, business development, and investment banking. The management team has a proven track record of identifying, evaluating, and acquiring successful companies. The company uses a disciplined approach to identify and evaluate potential target companies, and once a project is identified, they conduct due diligence to ensure that the acquisition is a good fit.
MRAC's target companies are usually in the technology, healthcare, and consumer sectors. The company aims to provide a significant return on investment for its shareholders and partners by acquiring companies that benefit from the growing market trends.
In summary, MRAC is a SPAC that focuses on mergers, acquisitions, and other similar business transactions. They target companies with potential for growth that are already well-established and have a strong management team with a proven track record of success. MRAC has a team of experienced professionals who identify, evaluate, and acquire successful companies in the technology, healthcare, and consumer sectors.
Company Address: 256 W. 38th Street, 15th Floor New York 10018 NY
Company Phone Number: 785-4680 Stock Exchange / Ticker: NASDAQ RNER
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