Mountain Crest Acquisition Corp.
Completed 2021-02-10- CIK 1803914
- MCAC
- Now PLBY
- IPO 2020-06-05
- $58.7M trust
- 597 filings
Successfully merged with Playboy Enterprises, Inc. • Now trading as PLBY
- IPO Size
- $50M
- raised at the IPO
- Trust
- $58.7M
- as of 2020-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
597 filings over 27 quarters; violet bars carry a milestone
- 20 Q1: 4 filings
- 20 Q2: 33 filings
- 20 Q3: 2 filings
- 20 Q4: 31 filings
- 21 Q1: 52 filings
- 21 Q2: 40 filings
- 21 Q3: 24 filings
- 21 Q4: 31 filings
- 22 Q1: 31 filings
- 22 Q2: 27 filings
- 22 Q3: 9 filings
- 22 Q4: 12 filings
- 23 Q1: 35 filings
- 23 Q2: 15 filings
- 23 Q3: 5 filings
- 23 Q4: 18 filings
- 24 Q1: 7 filings
- 24 Q2: 16 filings
- 24 Q3: 23 filings
- 24 Q4: 12 filings
- 25 Q1: 20 filings
- 25 Q2: 26 filings
- 25 Q3: 15 filings
- 25 Q4: 8 filings
- 26 Q1: 17 filings
- 26 Q2: 54 filings
- 26 Q3: 30 filings
- S-1 filed 20 Q1
- IPO 20 Q2
- Definitive agreement 20 Q3
- Completed 21 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Mountain Crest Acquisition Corp. is a blank-check company formed to effect a merger or other business combination with one or more businesses.
Geographic Focus
North America
Key Information
As the filings state it
- IPO Date
- 2020-06-05
- Total Redemptions
- $90K
- PIPE
- $50M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2021-02-10
- Merger Target
- Playboy Enterprises, Inc.
- SPAC Ticker
- MCAC
- Merged Ticker
- PLBY
Stock Performance
PLBYTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2020-08-31 | $10.16 | |
| At Merger | 2021-02-11 | $13.22 | +30% |
| 6 Months Post-Merger | 2021-08-13 | $23.98 | +81% |
| 1 Year Post-Merger | 2022-02-11 | $15.20 | +15% |
| 2 Years Post-Merger | 2023-02-13 | $2.60 | -80% |
| Current Price | 2026-10-16 | $1.06 | -90% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The sponsor is controlled by Suying Liu and Dong Liu, who bring broad industry expertise and transaction experience from investing in and operating diverse businesses. The management and board include finance, energy, academic finance, and investment professionals with transaction, operating, capital-raising, and asset-management experience.