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Macondray Capital Acquisition Corp I

10.23
0.00 (0.00%)
Last Update: 13 Jan 2023 17:30:00
Yesterday: 10.23
Day's Range: 10.23 - 10.23
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10.23
Macondray Capital Acquisition Corp I is a special purpose acquisition company (SPAC) that was incorporated in Delaware in 2021. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Macondray Capital Acquisition Corp I is led by a team of experienced professionals in the financial industry, including CEO and Chairman, David C. Barclay, who has over 25 years of experience in investment banking and private equity.

The company went public on the NASDAQ stock exchange in February 2021, raising $125 million in its initial public offering (IPO). The company's units, which consist of one share of common stock and one-half of a redeemable warrant, are traded under the ticker symbol "MCAQU" on the NASDAQ.

Macondray Capital Acquisition Corp I has not yet announced any potential merger or acquisition targets, but has stated that it intends to focus on companies in the technology, media, and telecommunications (TMT) sectors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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