NEW
YORK, June 28, 2024 /PRNewswire/ -- Following
the previously announced termination of its Business Combination
Agreement, dated August 11, 2023 (as
subsequently amended and restated) with FC Barcelona, Mountain
& Co. I Acquisition Corp. (NASDAQ: MCAA), a publicly traded
special purpose acquisition company, today announced its intent to
pursue alternative business combination opportunities. While there
can be no assurance that these opportunities will result in a
definitive agreement or a completed transaction, MCAA is currently
involved in ongoing discussions with potential targets. MCAA
anticipates disseminating a subsequent news release if and when a
potential transaction is identified or a definitive agreement has
been executed.
About Mountain & Co. I Acquisition Corp.
Mountain & Co. I Acquisition Corp. is a blank check company
incorporated for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses or
entities. MCAA is listed on the NASDAQ under the ticker "MCAA."
Forward-Looking Statements
This communication contains forward-looking statements within
the meaning of Section 27A of the U.S. Securities Act of 1933,
as amended, and Section 21E of the U.S. Securities Exchange
Act of 1934, as amended, that are based on beliefs and assumptions
and on information currently available to MCAA. In some cases, you
can identify forward-looking statements by the following
words: "budget," "may," "will," "could," "would," "should,"
"forecast," "future," "might," "outlook," "expect," "intend,"
"plan," "anticipate," "believe," "estimate," "predict," "project,"
"potential," "continue," "ongoing," "target," "seek" or
the negative or plural of these words, or other similar expressions
that are predictions or indicate future events or prospects,
although not all forward-looking statements contain these words.
Any statements that refer to expectations, projections or other
characterizations of future events or circumstances, including
strategies or plans as they relate to the proposed transaction, are
also forward-looking statements. These forward-looking statements
involve risks, uncertainties and other factors that may cause
actual results, levels of activity, performance or achievements to
be materially different from the information expressed or implied
by these forward-looking statements. Most of these factors are
outside MCAA's control and are difficult to predict.
Forward-looking statements in this communication include, but are
not limited to, statements regarding the identification of a target
business and a potential business combination or other such
transaction. These forward-looking statements are subject to a
number of risks and uncertainties, including, among others, those
included under the heading "Risk Factors" in the annual report on
Form 10-K for year ended December 31, 2023 of MCAA and in
its subsequent quarterly reports on Form 10-Q and other
filings with the SEC.
CONTACT: Alexander Hornung,
ah@mountain.partners
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SOURCE Mountain & Co. I Acquisition Corp.