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Stock impact report

Mountain & Co. I Acquisition Corp. and Barça Media Announce Termination of Business Combination Agreement

Mountain - Class A Ordinary Shares (MCAA) 
Company Research Source: PR Newswire
BARCELONA, Spain and NEW YORK, June 28, 2024 /PRNewswire/ -- Mountain & Co. I Acquisition Corp. ("Mountain") and FC Barcelona ("Barça") jointly announce the termination of the Business Combination Agreement ("Agreement") dated August 11, 2023. The decision to terminate the Agreement stems from the joint decision to focus on near-term business opportunities, which are best addressed in a private structure. The parties have agreed that Barça standalone, without Mountain, shall fully concentrate on leveraging such business opportunities, which are projected to substantially drive growth for Barça Media.Forward-Looking StatementsThis communication contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to MCAA and FC Barcelona. In some cases, you can ide Show less Read more
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