Mountain Crest Acquisition Corp. III is a Delaware‐incorporated special purpose acquisition company (SPAC) formed by Mountain Crest Capital Advisors. The company completed its initial public offering in July 2021 on the Nasdaq under the ticker symbol MCAE. As a blank‐check vehicle, it raises capital in a trust account and seeks to combine with an operating business, thereby taking the target company public.
The SPAC is focused on identifying attractive business combination opportunities primarily in North America, though it retains the flexibility to pursue targets globally. Its sectors of interest include technology, industrials, healthcare, consumer products and services, and energy. By leveraging the capital raised in its IPO, Mountain Crest Acquisition Corp. III aims to partner with established companies that can benefit from public‐market financing and strategic guidance.
Mountain Crest Acquisition Corp. III’s leadership team comprises executives and advisors from Mountain Crest Capital Advisors, a boutique investment firm with experience in underwriting, mergers and acquisitions, and private placements. The management group brings a track record of capital markets transactions and operational oversight, positioning the SPAC to navigate due diligence, regulatory filings, and post‐closing integration support.
With a predefined timeframe to complete a qualifying business combination, Mountain Crest Acquisition Corp. III seeks to deliver shareholder value through disciplined deal sourcing and rigorous vetting of potential targets. The SPAC structure offers investors the opportunity to participate in the search for a merger candidate while preserving the ability to redeem their shares if they choose not to support the proposed transaction.
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