Mountain Crest Acquisition V closed the underwriters’ over-allotment option in full, resulting in the sale of an additional 900,000 units.
Total proceeds of the IPO came to $69 million.
The SPAC’s units list on the Nasdaq under MCAGU.
This latest Mountain Crest SPAC from Dr. Suying Liu plans to pursue prospective targets in North America and the Asia Pacific regions, excluding China, Hong Kong and Macau. Read more.
