Monterey Capital Acquisition Corporation Announces Closing of $92,000,000 Initial Public Offering and Full Exercise of Over-Allotment Option
Monterey Capital Acquisition Corporation Announces Closing of $92,000,000 Initial Public Offering and Full Exercise of Over-Allotment Option
MONTEREY, CA / ACCESSWIRE / May 13, 2022 / Monterey Capital Acquisition Corporation (the "Company") today announced the closing of its initial public offering of 9,200,000 units at $10.00 per unit, including 1,200,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading on May 12, 2022 under the ticker symbol "MCACU". Each unit consists of one share of Class A common stock, one redeemable warrant and one right to receive one-tenth (1/10) of one share of Class A common stock upon consummation of the Company's initial business combination. Each warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, shares of the Class A common stock, warrants and rights are expected to be listed on Nasdaq under the symbols "MCAC", "MCACW" and "MCACR", respectively.
加利福尼亞州蒙特利/ACCESSWIRE/2022年5月13日/蒙特利資本收購公司(“本公司”)今天宣佈，其首次公開發行的9,200,000個單位結束，每單位10.00美元，其中1,200,000個單位是根據承銷商充分行使其超額配售選擇權而發行的。這些單位在納斯達克全球市場(“納斯達克”)上市，於2022年5月12日開始交易，股票代碼為“MCACU”。每個單位包括一股A類普通股、一份可贖回認股權證和一項權利，即在公司完成初始業務合併後，獲得一股A類普通股十分之一(1/10)的權利。每份認股權證的持有人有權以每股11.50美元的價格購買一股A類普通股。一旦組成這兩個單位的證券開始單獨交易，A類普通股、權證和權利的股票預計將在納斯達克上市，代碼分別為“MCAC”、“MCACW”和“MCACR”。
The Company intends to use the net proceeds from the offering, and the simultaneous private placement of warrants, to consummate the Company's initial business combination.
本公司擬利用發售所得款項淨額，以及同時私募認股權證，以完成本公司最初的業務合併。
EF Hutton, division of Benchmark Investments, LLC ("EF Hutton"), acted as the sole book running manager for the offering.
基準投資公司(Benchmark Investments，LLC)的部門EF Hutton(簡稱EF Hutton)擔任此次發行的唯一賬簿管理經理。
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel to the Company. Seward & Kissel LLP served as counsel to EF Hutton.
明茨律師事務所、萊文律師事務所、科恩律師事務所、費里斯律師事務所、格洛夫斯基律師事務所和波佩奧律師事務所擔任該公司的法律顧問。Seward&Kissel LLP曾擔任EF Hutton的法律顧問。
The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from EF Hutton, division of Benchmark Investments, LLC, Attn: Syndicate Department, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 404-7002, by fax at (646) 861-4697, or by email at syndicate@efhuttongroup.com.
此次發行僅通過招股説明書的方式進行。招股説明書的副本可以從EF Hutton，Benchmark Investments，LLC，Attn：Syndicate Department，590Madison Ave.，New York 10022，電話：(212)404-7002，傳真：(646)861-4697，或通過電子郵件Syndicate@efhutthongroup.com獲得。
A registration statementon Form S-1 (File No. 333-264460) relating to these securities was filed with, and declared effective by, the Securities and Exchange Commission ("SEC") on May 10, 2022. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
與這些證券有關的S-1表格(第333-264460號文件)的註冊聲明已於2022年5月10日提交給美國證券交易委員會(“美國證券交易委員會”)並由其宣佈生效。本新聞稿不應構成出售要約或徵求購買要約，也不應在任何州或司法管轄區出售這些證券，在這些州或司法管轄區，根據任何州或司法管轄區的證券法，在註冊或資格登記或資格之前，此類要約、徵求或出售將是非法的。
ABOUT MONTEREY CAPITAL ACQUISITION CORPORATION
關於蒙特利資本收購公司
The Company is a newly organized blank check company 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. While it may pursue an initial business combination target in any business, industry, or geographical location, the Company intends to focus its search on businesses in the clean transition sector. The Company is led by Bala Padmakumar, the Company's Chief Executive Officer and Chairman of the Board, Vivek Soni, the Company's Executive Vice President and Director, and Daniel Davis, the Company's Chief Financial Officer.
本公司是一家新組建的空白支票公司，目的是與一家或多家企業進行合併、股本置換、資產收購、股票購買、重組或類似的業務合併。雖然該公司可能會在任何業務、行業或地理位置追求最初的業務合併目標，但它打算將重點放在清潔過渡領域的業務上。公司由公司首席執行官兼董事會主席巴拉·帕德馬庫馬爾、公司執行副總裁兼董事總裁維韋克·索尼和公司首席財務官丹尼爾·戴維斯領導。
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's initial public offering, the anticipated use of the net proceeds thereof and the Company's search for an initial business combination. No assurance can be given that the net proceeds of the initial public offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
前瞻性陳述
本新聞稿包含構成“前瞻性陳述”的陳述，包括與該公司首次公開募股、其淨收益的預期使用以及該公司尋找初始業務合併有關的陳述。不能保證首次公開募股的淨收益將如所示使用。前瞻性陳述受許多條件的制約，其中許多條件不是本公司所能控制的，包括本公司提交給美國證券交易委員會的首次公開募股登記聲明和招股説明書中風險因素部分闡述的那些條件。副本可在美國證券交易委員會的網站www.sec.gov上找到。除法律要求外，本公司不承擔在本新聞稿發佈之日後更新這些聲明以進行修訂或更改的義務。
Company Contact:
Bala Padmakumar
Chief Executive Officer and Chairman of the Board
公司聯繫人：
巴拉·帕德馬庫馬爾
首席執行官兼董事會主席
Monterey Capital Acquisition Corporation
Email: bala@padmakumar.com
Phone: (831) 649-7388
蒙特利資本收購公司
電子郵件：baa@padmakumar.com
電話：(831)649-7388
SOURCE: Monterey Capital Acquisition
資料來源：蒙特利資本收購