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.
加利福尼亚州蒙特利/ACCESSWIRE/2022年5月13日/蒙特利资本收购公司(“本公司”)今天宣布，其首次公开发行的9,200,000个单位结束，每单位10.00美元，其中1,200,000个单位是根据承销商充分行使其超额配售选择权而发行的。这些单位在纳斯达克全球市场(“纳斯达克”)上市，于2022年5月12日开始交易，股票代码为“MCACU”。每个单位包括一股A类普通股、一份可赎回认股权证和一项权利，即在公司完成初始业务合并后，获得一股A类普通股十分之一(1/10)的权利。每份认股权证的持有人有权以每股11.50美元的价格购买一股A类普通股。一旦组成这两个单位的证券开始单独交易，A类普通股、权证和权利的股票预计将在纳斯达克上市，代码分别为“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.
本公司拟利用发售所得款项净额，以及同时私募认股权证，以完成本公司最初的业务合并。
EF Hutton, division of Benchmark Investments, LLC ("EF Hutton"), acted as the sole book running manager for the offering.
基准投资公司(Benchmark Investments，LLC)的部门EF Hutton(简称EF Hutton)担任此次发行的唯一账簿管理经理。
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.
明茨律师事务所、莱文律师事务所、科恩律师事务所、费里斯律师事务所、格洛夫斯基律师事务所和波佩奥律师事务所担任该公司的法律顾问。Seward&Kissel LLP曾担任EF Hutton的法律顾问。
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.
此次发行仅通过招股说明书的方式进行。招股说明书的副本可以从EF Hutton，Benchmark Investments，LLC，Attn：Syndicate Department，590Madison Ave.，New York 10022，电话：(212)404-7002，传真：(646)861-4697，或通过电子邮件Syndicate@efhutthongroup.com获得。
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.
与这些证券有关的S-1表格(第333-264460号文件)的注册声明已于2022年5月10日提交给美国证券交易委员会(“美国证券交易委员会”)并由其宣布生效。本新闻稿不应构成出售要约或征求购买要约，也不应在任何州或司法管辖区出售这些证券，在这些州或司法管辖区，根据任何州或司法管辖区的证券法，在注册或资格登记或资格之前，此类要约、征求或出售将是非法的。
ABOUT MONTEREY CAPITAL ACQUISITION CORPORATION
关于蒙特利资本收购公司
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.
本公司是一家新组建的空白支票公司，目的是与一家或多家企业进行合并、股本置换、资产收购、股票购买、重组或类似的业务合并。虽然该公司可能会在任何业务、行业或地理位置追求最初的业务合并目标，但它打算将重点放在清洁过渡领域的业务上。公司由公司首席执行官兼董事会主席巴拉·帕德马库马尔、公司执行副总裁兼董事总裁维韦克·索尼和公司首席财务官丹尼尔·戴维斯领导。
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.
前瞻性陈述
本新闻稿包含构成“前瞻性陈述”的陈述，包括与该公司首次公开募股、其净收益的预期使用以及该公司寻找初始业务合并有关的陈述。不能保证首次公开募股的净收益将如所示使用。前瞻性陈述受许多条件的制约，其中许多条件不是本公司所能控制的，包括本公司提交给美国证券交易委员会的首次公开募股登记声明和招股说明书中风险因素部分阐述的那些条件。副本可在美国证券交易委员会的网站www.sec.gov上找到。除法律要求外，本公司不承担在本新闻稿发布之日后更新这些声明以进行修订或更改的义务。
Company Contact:
Bala Padmakumar
Chief Executive Officer and Chairman of the Board
公司联系人：
巴拉·帕德马库马尔
首席执行官兼董事会主席
Monterey Capital Acquisition Corporation
Email: bala@padmakumar.com
Phone: (831) 649-7388
蒙特利资本收购公司
电子邮件：baa@padmakumar.com
电话：(831)649-7388
SOURCE: Monterey Capital Acquisition
资料来源：蒙特利资本收购