Mountain & Co. I Acquisition in a proxy filing disclosed that redemptions of 11,614,962 Class A ordinary shares left 11,385,038 shares outstanding ahead of a Feb. 6 extension vote. The SPAc said redeeming shareholders may reverse their decision until 5 p.m. today.
The SPAc wants to push its merger deadline back from Feb. 9 to Nov. 9.
The SPAC raised $200 million in a November 2021 IPO to focus on the consumer internet and B2B digital infrastructure sectors. Read more.
