Mountain & Co I Acquisition Corp
MCAA

Market Cap: $165M

About: Mountain & Co I Acquisition Corp is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Financials Blank Checks

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]

0% less capital invested

Capital invested by funds: $97.5M [Q1] → $97.2M (-$211K) [Q2]

8% less funds holding

Funds holding: 25 [Q1] → 23 (-2) [Q2]

13.45% less ownership

Funds ownership: 73.72% [Q1] → 60.27% (-13.45%) [Q2]

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for MCAA.

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Financial journalist opinion

Neutral

PRNewsWire

2 months ago

Mountain & Co. I Acquisition Corp. Announces Intent to Pursue Alternative Business Combination Opportunities

NEW YORK , June 28, 2024 /PRNewswire/ -- Following the previously announced termination of its Business Combination Agreement, dated August 11, 2023 (as subsequently amended and restated) with FC Barcelona, Mountain & Co. I Acquisition Corp. (NASDAQ: MCAA), a publicly traded special purpose acquisition company, today announced its intent to pursue alternative business combination opportunities. While there can be no assurance that these opportunities will result in a definitive agreement or a completed transaction, MCAA is currently involved in ongoing discussions with potential targets.