MCAFR
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Mountain Crest Acquisition Corp. Iv Rights
0.1896
0.0000 (0.00%)
Last Update: 01 Apr 2024 23:00:00
Yesterday: 0.1896
Day's Range: 0. - 0.
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0.195
Mountain Crest Acquisition Corp. IV (MCAC) is a special purpose acquisition company (SPAC) that went public in December 2020. The company raised $50 million through an initial public offering (IPO) and is listed on the NASDAQ stock exchange under the ticker symbol MCACR.
MCACR represents the rights to purchase one share of MCAC common stock at a price of $11.50 per share. Each unit consists of one share of common stock and one-third of a warrant, with each whole warrant exercisable for one share of common stock at a price of $11.50 per share.
The rights are currently trading on the NASDAQ stock exchange and can be bought and sold just like a regular stock. The rights will expire on the earlier of (i) the consummation of MCAC's initial business combination, or (ii) 24 months from the closing of the IPO.
Investors who hold the rights and wish to exercise them must do so before the expiration date. If the company fails to complete a business combination within the allotted time, the rights will expire worthless.
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.
MCACR represents the rights to purchase one share of MCAC common stock at a price of $11.50 per share. Each unit consists of one share of common stock and one-third of a warrant, with each whole warrant exercisable for one share of common stock at a price of $11.50 per share.
The rights are currently trading on the NASDAQ stock exchange and can be bought and sold just like a regular stock. The rights will expire on the earlier of (i) the consummation of MCAC's initial business combination, or (ii) 24 months from the closing of the IPO.
Investors who hold the rights and wish to exercise them must do so before the expiration date. If the company fails to complete a business combination within the allotted time, the rights will expire worthless.
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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