Mountain Crest Acquisition II registered to offer 5 million units at $10 per unit to raise $50 million.
The SPAC has not identified a particular sector, but said it expects “to also take advantage of our sponsor’s extended network with Asian consumer markets by enabling potential business combination targets producing quality products in North America to tap into such consumer demand abroad.”
Mountain Crest I is engaged in a pending merger with Playboy.
Mountain Crest II expects to list on the Nasdaq under MCADU. Read more.
