Mcap acquisition corporation announces closing of $316,250,000 initial public offering

Chicago--(business wire)--mcap acquisition corporation (“the company” or “mcap”), a special purpose acquisition company sponsored by an affiliate of monroe capital llc, today announced the closing of its initial public offering of 31,625,000 units, which included the full exercise of the underwriter's over-allotment option. the offering was priced at $10.00 per unit, generating gross proceeds of $316,250,000. each unit consists of one share of class a common stock and one-third of one redeemabl
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