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Mountain Crest Acquisition Corp. V to combine with CUBEBIO Co., Ltd. for a proposed business combination transaction

Mountain Crest Acquisition Corp. V to combine with CUBEBIO Co., Ltd. for a proposed business combination transaction

08/29/24, 10:58 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
https://purecatamphetamine.github.io/country-flag-icons/3x2/KR.svgsouth korea
Industry
biotechnology
health care
Mountain Crest Acquisition Corp. V, a special purpose acquisition company, and CUBEBIO Co., Ltd. have entered into a definitive business combination agreement for a proposed business combination transaction. CUBEBIO plans to become a public company with its securities listed on The Nasdaq Stock Market. The transaction is expected to close in the first quarter of 2025, with Mountain Crest V being the surviving entity as a direct wholly owned subsidiary of CubeBio Holdings Limited.

Company Info

Company
Mountain Crest Acquisition Corp. V
Location
New York, New York, United States
Company info
Mountain Crest Acquisition Corp. V is a Nasdaq-listed (Nasdaq: MCAG) special purpose acquisition company (“SPAC”) and the fifth vehicle in the Mountain Crest family of SPACs. The management of Mountain Crest V has successfully completed four prior SPAC business combinations, and it was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.