Mountain & Co. I Acquisition registered to offer 20 million units at $10 each. A unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant is exercisable at $11.50 for a share.
The SPAC’s management and sponsor in the filing cite experience in fintech, insurtech & proptech, e-commerce, consumer, enterprise and health tech, as well as media & marketing.
CEO and Director Dr. Cornelius Boersch founded his first company in 1991, developed it into the smart card broker and RFID-producer ACG AG (and successfully listed it on the Frankfurt Stock Exchange in 1999.
Credit Suisse is sole book-running manager. The underwriter has an over-allotment option to purchase up to 3 millon additional units.
The SPAC intends to apply for a Nasdaq listing, but has not yet selected a ticker symbol. Read more.
