PR92938

ZURICH, Nov. 10, 2021 /PRNewswire=KYODO JBN/ --

Mountain and Co. I Acquisition Corp. (the "Company") announced the closing

today of its initial public offering of 20,000,000 units at a price of $10.00

per unit. The units began trading on the Nasdaq Global Market (the "Nasdaq")

under the ticker symbol "MCAAU" on November 5, 2021. Each unit consists of one

Class A ordinary share and one-half of one redeemable warrant, with each whole

warrant exercisable to purchase one Class A ordinary share at a price of $11.50

per share. After the securities comprising the units begin separate trading,

the Class A ordinary shares and the warrants are expected to be listed on the

Nasdaq under the symbols "MCAA" and "MCAAW," respectively.

The Company 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 or entities. Although the Company's

efforts to identify a prospective business combination opportunity will not be

limited to a particular industry, it intends to focus on the consumer internet

and B2B digital infrastructure sectors.

Credit Suisse Securities (USA) LLC is acting as book-running manager. The

Company has granted the underwriters a 45-day option to purchase up to

3,000,000 additional units at the initial public offering price to cover

over-allotments, if any.

A registration statement relating to these securities was declared effective by

the U.S. Securities and Exchange Commission (the "SEC") on November 4, 2021.

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 offer, solicitation or sale would be unlawful

prior to registration or qualification under the securities laws of any such

state or jurisdiction.

The offering is being made only by means of a prospectus. Copies of the

prospectus relating to the offering may be obtained from Credit Suisse

Securities (USA) LLC, 6933 Louis Stephens Drive, Morrisville, North Carolina

27560, Attn: Prospectus Department or by e–mail at

usa.prospectus@credit-suisse.com.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute "forward-looking

statements," including with respect to the Company's search for an initial

business combination. No assurance can be given that the Company will

ultimately complete a business combination transaction. 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 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.

SOURCE: Mountain and Co. I Acquisition Corp.

CONTACT: Liz Young, youngelizann@gmail.com